AI Data Insight
According to the latest data, seasonally adjusted total U.S. personal spending reached 22,860.5 billion USD in Q2 2026, an increase of 0.51% from the previous value in Q1 2026, continuing to set new record highs. High energy prices driven by the Middle East conflict, coupled with early consumption by the public due to concerns about tariff policies, jointly pushed up nominal spending performance. However, real purchasing power is being eroded by inflation and the savings rate is dipping, suggesting that the underlying strength of consumption is facing a severe test.