AI Data Insight
The annualized growth rate of services consumption in U.S. real GDP for the first quarter of 2026 was 2.4%, significantly slowing from 3.4% in the previous quarter. Against the backdrop of shrinking goods consumption and rising inflation, although the services sector remains the key to supporting the moderate expansion of the U.S. economy, market concerns that over-reliance on lowering the savings rate has cast a shadow over the overall consumption outlook.