report showed that overall consumption remained relatively healthy and business investment, especially related to the artificial intelligence boom, continued to plow forward. is adjusted for inflation, rising costs dampened the growth reflected in the data released on Thursday. growth is a fluctuating mix of four factors: business investment, government expenditures, net exports and household consumption, which typically constitutes about 70 percent of the U.S. economy. Consumer spending and business investment are on solid footing, but a pullback in net government spending and an increase in imports dragged on momentum. The post U.S. Economy Slows as Inflation Bites appeared first on New York Times.