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What To Expect From Thursday’s Report On The GDP
A report in line with expectations would highlight the economy’s growing reliance on the AI sector to sustain continued expansion.Credit: Mario Tama / Getty ImagesKey TakeawaysThe U.S. economy likely grew at an annualized rate of 1.8% in the second quarter.That GDP growth, supported by data center construction, is below the 2.3% average since 2000.Some forecasters believe economic growth will slow down in the coming months, as high fuel prices weigh on household budgets.U.S. economic growth likely decelerated in the second quarter, with most of the remaining expansion attributable to data…
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