AI Boosts Economy Amid Consumer Drop

The U.S. economy surged 2.1% in the first quarter—better than expected and a rebound from last year’s sluggish growth—driven by a tech boom, especially AI investments flooding data centers. But consumer spending dipped, hurt by rising gas prices amid the Iran crisis. While private investment soared, especially in AI gear, experts warn it may not last. Jobs remain strong, but Americans are feeling the squeeze. The next big economic report is due July 30. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8ca4f56092ad5a97