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Some businesses are trying out software with AI capabilities.
GDP grew at a healthy 2.8% pace. Current spending levels may provide a welcome “not too hot, not too cold” scenario for the Federal Reserve.
Each measure looks at economic productivity. One focuses on who does it, and the other on where it happens.
The real gross domestic product for the second quarter was even stronger than previously thought.
New research finds that Latinas accounted for $1.3 trillion in 2021, thanks largely to the daughters of immigrants.
Second quarter gross domestic product growth was 2.8%. That’s double the GDP growth in the first quarter of the year.
The Federal Reserve will be looking for signs that the economy is slowing in a manageable way so that it can cut interest rates.
Whether it’s new machines for a factory or better software to manage payments, companies spend because they see opportunities.
Growth is being held back by weak domestic demand and a real estate crisis.
Compared to many other countries, the U.S. trade-to-GDP ratio is below the global average. But the explanation is complicated.