The BasePeople

Hannah Rubinton

Economist, Federal Reserve Bank of St. Louis

Titles as the sources gave them. In 1 entry, with 4 checked quotations.

What they said

Newest first. Each quotation was found word for word in the source.

“Together, the AI categories contributed 0.97 percentage points to real GDP growth in the first three quarters of 2025 (0.90 percentage points, excluding data centers, for which data were not available in 2000), higher than the 0.81 percentage points in 2000.”
Tracking AI’s Contribution to GDP GrowthFederal Reserve Bank of St. Louis, January 12, 2026. Speaking as: Other. The authors' headline comparison with the dot-com year 2000; the 2000 figure has no data-center component.
“Through the third quarter of 2025, these categories made up 39% (36% excluding data centers) of total GDP growth versus 28% in 2000.”
Tracking AI’s Contribution to GDP GrowthFederal Reserve Bank of St. Louis, January 12, 2026. Speaking as: Other. The same comparison as a share of total real GDP growth.
“Together the four categories contributed 1.3 percentage points to real GDP growth in the first quarter of 2025 and 1.16 percentage points to real GDP growth in the second quarter, but the combined contribution leveled off to 0.48 percentage points in the third quarter.”
Tracking AI’s Contribution to GDP GrowthFederal Reserve Bank of St. Louis, January 12, 2026. Speaking as: Other. The quarter-by-quarter pattern of the four categories' combined contribution.
“Our analysis suggests that the recent investments in AI-related categories have contributed significantly to the real GDP growth in 2025. It has surpassed the contribution of IT components to the real GDP growth made during the dot-com boom, both in levels and as a share of GDP.”
Tracking AI’s Contribution to GDP GrowthFederal Reserve Bank of St. Louis, January 12, 2026. Speaking as: Other. The authors' conclusion in the closing section.

In the Base

Every entry they appear in.

  1. ResearchFederal Reserve Bank of St. LouisWrote it

    Tracking AI’s Contribution to GDP Growth

    Two St. Louis Fed researchers add up the growth contributions of information-processing equipment, software, R&D and data-center investment as AI-related spending. They report these supplied 39% of real GDP growth in the first three quarters of 2025 (36% without data centers) against 28% in 2000, which has no data-center figure, and fell back in the third quarter.