The AI boom has boosted tech spending to levels not seen since the IT boom of the 1990s. All of the spending on the AI infrastructure buildout is contributing to economic growth, but that kind of investment won’t necessarily support the broader economy over the long run. Also on the program: The producer price index showed a bigger drop than economists expected, and proposed changes could affect how billions of dollars in federal research grants are awarded.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.How AI investment is fueling the broader economy

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“What did the council decide on item 42?” — answered with the speaker and the moment.