International travel, legal services and spending on products like personal computers and software also contributed artificial intelligence related spending helped, too, though the pace of growth appeared to cool from the second quarter. Overall business investment growth slowed to 2.8% in the third quarter from 7.3% in the prior three months. This is great news. And listen, when GDP is booming, what that means is it means there's more jobs, it means there's more productivity, it means the stock market is … (11:15–11:23)
CLAIM
Asserts that business investment growth decreased to 2.8% from 7.3%.
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