AI Data Insight

The annualized quarter-on-quarter growth rate of the services component of US nominal Personal Consumption Expenditures (PCE) in the second quarter of 2026 dropped to 3.7%, further retreating from the previous value of 4.1%. Although nominal growth slowed and overall GDP growth was lower than expected, real domestic demand momentum continued to show strong resilience, boosted by cooling service prices and short-term factors such as the World Cup.

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