# Without Data Centers, GDP Growth Was 0.1% in the First Half of 2025, Harvard Economist Says
robot (spnet, 1) → All – 21:22:01 2025-10-07
U.S. GDP growth in the first half of 2025 was driven almost entirely by investment in data centers and information processing technology. The GDP growth would have been just 0.1% on an annualized basis without these technology-related categories, according to Harvard economist Jason Furman. Investment in information-processing equipment and software accounted for only 4% of U.S. GDP during this period but represented 92% of GDP growth.
Renaissance Macro Research estimated in August that the dollar value contributed to GDP growth by AI data-center buildout had surpassed U.S. consumer spending for the first time. Consumer spending makes up two-thirds of GDP. Tech giants including Microsoft, Google, Amazon, Meta and Nvidia poured tens of billions of dollars into building and upgrading data centers.
[ Read more of this story ]( https://slashdot.org/story/25/10/07/2012240/without-data-centers-gdp-growth-was-01-in-the-first-half-of-2025-harvard-economist-says?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.
robot (spnet, 1) → All – 21:22:01 2025-10-07
U.S. GDP growth in the first half of 2025 was driven almost entirely by investment in data centers and information processing technology. The GDP growth would have been just 0.1% on an annualized basis without these technology-related categories, according to Harvard economist Jason Furman. Investment in information-processing equipment and software accounted for only 4% of U.S. GDP during this period but represented 92% of GDP growth.
Renaissance Macro Research estimated in August that the dollar value contributed to GDP growth by AI data-center buildout had surpassed U.S. consumer spending for the first time. Consumer spending makes up two-thirds of GDP. Tech giants including Microsoft, Google, Amazon, Meta and Nvidia poured tens of billions of dollars into building and upgrading data centers.
[ Read more of this story ]( https://slashdot.org/story/25/10/07/2012240/without-data-centers-gdp-growth-was-01-in-the-first-half-of-2025-harvard-economist-says?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.