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U.S. economy expands in August on private demand and AI investment

  • U.S. economy continued expanding in August, supported by private demand and business investment.
  • Business investment remained sustained, particularly in AI infrastructure.
  • Household incomes grew alongside a stable labor market, supporting economic growth.

The U.S. economy continued expanding in August, supported by healthy private-sector demand and sustained business investment, especially in AI infrastructure. Household incomes also grew while the labor market remained stable, reinforcing overall economic growth.

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