Bureau of Economic Analysis

Economist Steve Moore called the current U.S. expansion "the biggest industrial boom in the history of the United States" on Fox Business, forecasting $6-7 trillion in AI and data center investment ov…

The US trade deficit widened to $77.6 billion in May, a 42.2% increase from April, driven by record capital goods imports of $128 billion amid AI and data center demand, while exports fell 3.2% due to…

The US goods-and-services trade deficit widened 42.2% to $77.6 billion in May 2026, driven by a surge in capital-goods imports linked to AI infrastructure investment, according to official data and Re…

The U.S. trade deficit widened sharply in May, jumping 42.2% to $77.6 billion, as an AI investment boom drove imports of capital goods to a record high of $128.0 billion. Exports fell 3.2% to $317.7 b…