ABC News reported that the United States economy expanded at an annualized rate of 3.4 percent over the three months ending in September, according to a government report released on Thursday.
The New York Times reported that spending by A.I. companies and consumers powered gross domestic product growth in the third quarter, according to federal data.
The Hill reported that economic growth increased in the third quarter as the surge in artificial intelligence investment continued and consumers kept spending despite persistent inflation. Its summary said gross domestic product increased at an annual rate of 3.4 percent from July through September, citing preliminary data from the Bureau of Economic Analysis released Thursday.
The three accounts agree on the 3.4 percent annualized figure and on the Thursday release of the data. They differ in emphasis. The ABC News summary cited the government report without identifying the sources of growth, while The New York Times and The Hill attributed growth to spending, with The Hill also citing persistent inflation. The Hill described its figures as preliminary, a term the other two summaries did not use.
The New York Times story was written by Ben Casselman, and The Hill story was written by Max Rego. The ABC News summary did not list an author.
Sources: ABC News: US economy grew at 3.4% annualized rate in 3rd quarter, government data shows; The New York Times: U.S. G.D.P. Increased in Third Quarter; The Hill: US GDP grew by 3.4 percent in third quarter amid AI investment boom.