AI Data Insight
The annualized quarter-over-quarter growth rate of US real GDP goods exports for Q3 2026 reported -7.4%, a sharp downturn from the previous quarter's 8.9%. Although overall US Q3 economic growth exceeded expectations at 3.4%, the AI infrastructure boom drove a surge in capital goods imports, making net exports the biggest drag on the economy. Short-term domestic demand momentum is expected to remain strong, and the trend of a widening trade deficit will be difficult to reverse for the time being.