U.S. Private Investment in Information Processing Equipment and Software Hits Record 5.05% of GDP

U.S. private fixed investment in information processing equipment and software is now up to a record 5.05% of U.S. GDP.
This figure has increased 1.08 percentage points since Q3 2023. Over this period, these investments have surged $531 billion to a record annual rate of $1.65 trillion.
By comparison, this percentage peaked at 4.46% in Q4 2000, before the 2001 recession.
Investment in information processing equipment and software has more than doubled since Q1 2018.
The scale of America's AI spending boom is unprecedented.