Economic growth appears to have continued at a strong pace, according to recent data on capital goods. New orders for key US-manufactured goods increased significantly in June. Shipments of these goods also saw a notable surge, with the largest increase in 4½ years.

This growth is attributed to businesses investing in artificial intelligence. Further information on this trend can be found in the Waco Tribune-Herald, which reported on the expansion of artificial intelligence and its impact on the economy.