Penguin logoPenguin TradingFind value beyond consensus
← Crypto News

Oxford Economic Research Institute: The U.S. economy is strong but growth is unbalanced

The Oxford Economic Research Institute stated that the GDP growth rate in the United States for the third quarter reached 3.4%, exceeding expectations, reflecting the ongoing investment boom in artificial intelligence.

The report pointed out that private fixed investment has increased significantly, and future economic growth will unusually depend on corporate investment. The wealth effect related to artificial intelligence has supported some consumer spending, but the reliance on investment is a risk worth noting.