AI Data Insight
In the second quarter of 2026, the US real GDP services consumption recorded an annualized quarter-over-quarter growth rate of 2.2%, showing a slight deceleration from the previous quarter's 2.4%. Although overall GDP growth fell to 1.5% due to the drag from net exports and inventories, strong spending on recreation and food services continues to highlight the resilience of end-consumer demand. Going forward, continuous monitoring is needed to see whether the high interest rate environment will inflict a substantial blow on medium- to long-term service sector demand.