Without data centers, GDP growth was 0.1% in the first half of 2025

U.S. GDP growth in the first half of 2025 was largely driven by investment in data centers and information processing technology, according to Harvard economist Jason Furman. Excluding those technology-related categories, Furman estimated that GDP growth would have been just 0.1% on an annualized basis — a near standstill that underscores how critical high-tech infrastructure has become to the overall economy.