Oxford Economics says U.S. economic growth is increasingly reliant on corporate investment

Oxford Economics stated in a report that the US economy remains strong, but the growth structure is not balanced. US GDP growth in the third quarter reached 3.4%, exceeding analysts' expectations, reflecting that the artificial intelligence investment boom is still ongoing. The report pointed out: "With the continued construction of artificial intelligence infrastructure, private fixed investment is growing significantly. We expect that in the coming quarters, US economic growth will remain unusually dependent on corporate investment." In addition, Oxford Economics noted that the wealth effect related to artificial intelligence also supported the strong growth in some consumption spending in the third quarter. The institution believes that the degree of reliance on investment is a risk worth paying attention to. The report stated: "After the investment boom subsides, recessions tend to last longer and are more severe."