AI Data Insight
The annualized quarter-over-quarter growth rate of US personal consumption expenditures in the third quarter of 2026 reached 3.8%, a significant acceleration from the previous quarter's 3.2%, serving as the main driver of economic expansion. Driven by the dual engines of consumer resilience and an AI equipment investment frenzy, overall Q3 GDP growth reached a robust 3.4%, far exceeding market consensus. Although inflation shows signs of cooling, the strong growth data still leads the market to expect that the Federal Reserve may maintain a tightening stance at the end of the year.