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Without Government Spending & Trade, GDP Rose by 2.5% in Q1, Boosted by AI Investments. Debt-to-GDP Ticks up to 122.6%
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macro 80/10 Wolf Street · 21h ago

Without Government Spending & Trade, GDP Rose by 2.5% in Q1, Boosted by AI Investments. Debt-to-GDP Ticks up to 122.6%

Consumer Spending Was OK-ish. Federal government spending spiked back partially after collapsing during the shutdown. Trade worsened.

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