---
title: "Top economist says today is the biggest industrial boom in US history, forecasting $7 trillion over 25 years"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296392057.md"
description: "Top economist Steve Moore forecasts a historic US industrial boom, projecting up to $7 trillion in AI and data center spending over 25 years, which could create millions of union construction jobs. This optimism coincides with manufacturing profits reaching a five-year high of $773 billion in Q1 2026, despite real GDP growth slowing to 1.5%. Meanwhile, the 10-year Treasury yield rose to 4.72%."
datetime: "2026-08-19T19:24:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296392057.md)
  - [en](https://longbridge.com/en/news/296392057.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296392057.md)
generator: "portal-rs"
---

# Top economist says today is the biggest industrial boom in US history, forecasting $7 trillion over 25 years

Quick ReadManufacturing profits hit a 5-year high of $773 billion in Q1 2026, up 13% year over year, even as real GDP growth slowed to 1.5%.Steve Moore projects up to $7 trillion in AI and data center spending over 25 years, generating millions of union construction jobs at roughly $100,000 annually.The 10-year Treasury yield hit 4.72%, near a 12-m...

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**