00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Trump's economic policies and the artificial intelligence boom
00:06could reshape the U.S. economy.
00:08But evidence of faster, long-term growth remains mixed, according to Reuters.
00:13In his 2025 inaugural address, Trump promised a new golden age for the U.S. economy.
00:20Economists estimate underlying growth at around 2%,
00:23while Trump has suggested his policies could double that pace.
00:27Tariffs have produced mixed evidence of manufacturing reshoring,
00:30while imports continue climbing amid demand for AI data center components.
00:35Business investment has surged, supported by AI spending and corporate tax incentives.
00:41However, local opposition to data centers has emerged over concerns about electricity costs.
00:46Recent productivity gains have fueled optimism,
00:49although their connection to AI remains uncertain.
00:53The Congressional Budget Office project's potential economic growth of about 1.8%
00:57as population growth slows.
00:59For all things money, visit Benzinga.com.
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