Harvard economist's dire warning: Without data centers, US GDP grew only 0.1% in H1 2025

US GDP growth 2025: America's economic growth in early 2025 is not as robust as it appears. Harvard economist Jason Furman warns that data centers and technology investment are driving almost all of the expansion. Without this tech boom, US GDP growth would be nearly flat. Major tech companies are investing heavily in data centers. Other economic sectors are showing signs of weakness.