Markets
9.6
US Q3 GDP grows 3.4%, beating forecasts on AI investment boom
Published 23 h ago5 sourcesEvidence: Reported
SeverityHighFinancial TimesUS
US capital goods orders rose 0.5% in September, driven by AI-related investment, supporting expectations of 3.2% Q3 GDP growth despite higher financing costs. The data suggests corporate investment is resilient to rate pressures, but inflation risks remain.
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