US Economy Grows 1.2 Percent Amid AI Tech Surge

The United States economy grew at an average GDP rate of approximately 1.2 percent over the last three quarters. This growth is primarily sustained by a surge in artificial intelligence-driven technology capital expenditures and a wealth effect benefiting affluent households with high equity exposure.

Rising interest rates and declining consumer health are creating pressure on the housing, durable goods, and high-ticket discretionary sectors. These conditions have led to tepid results for automakers and homebuilders.

Economic stability remains vulnerable to record margin debt and elevated delinquency rates. Because equity is highly concentrated at the top, a faltering AI-driven tech rally could trigger broader economic instability.