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October 29, 2026 ai_technology payments

AI Hardware Investment Drives 3.4% Growth in US Economy

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Overview

The nation’s real gross domestic product growth accelerated in the third quarter, driven by gross private domestic investment, including information processing equipment, according to a data released Thursday (Oct. 29) by the Bureau of Economic Analysis (BEA). Real GDP grew at an annual rate of 3.4% in the third quarter. That figure was up from […] The post AI Hardware Investment Drives 3.4% Growth in US Economy appeared first on PYMNTS.com.

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