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75% Of US GDP Growth In The First Quarter Was Due To AI

75% Of US GDP Growth In The First Quarter Was Due To AI On the surface, today's final revision (aka 3rd estimate) of the US Q1 GDP print was unremarkable: Real GDP grew 2.1% annualized in the first quarter, a reversal of last month's downward revision of 1.6%, but back to where the original print was when it was reported in April, when the BEA reported 2.0% growth.  The print reflected a downward revision to imports, which are a subtraction in the calculation of GDP, that was partly offset by a...
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Oct 1, 2026 / Tyler Durden
Remembering The False Gloom And Doom Of The 1992 Elections... And The Upcoming Midterms
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Jul 28, 2026 / Tyler Durden
Tate Brothers To Remain In Jail In Miami As They Fight Extradition To UK
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Apr 6, 2026 / Tyler Durden
"You're Not Really Blaming Islam On Whitey, Are You?"
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