AI Data Insight
In Q2 2026, the annualized quarter-over-quarter growth rate of US nominal government consumption expenditures and gross investment skyrocketed to 10.8%, showing explosive growth compared to 1.3% in the first quarter. Although dragged down by net exports and certain technical factors, which cooled the real GDP growth rate for the quarter to 1.5%—below market consensus—the strong nominal spending and rebound in private consumption still highlight the underlying resilience of the US economy.