The Great Capital Spending Wave: How the AI Boom and Tax Expensing are Reshaping U.S. Corporate Revenue
WASHINGTON — Across the United States, a historic capital investment boom is quietly rewriting the nation’s economic and fiscal ledger. Driven by a massive, nationwide buildout in artificial intelligence (AI) infrastructure, cloud computing, and advanced manufacturing, businesses are spending on physical assets at a rate that is drastically outpacing federal forecasts. Yet, this surge in…
