AI Data Insight
The annualized quarter-over-quarter growth rate of U.S. real GDP imports of goods and services reached 19.7% in Q3 2026, expanding significantly from the previous 11.5% and hitting a recent high. The surge in imports was mainly driven by robust corporate investment demand for AI infrastructure and capital equipment, leading to a massive inflow of intermediate goods from Asia. Although strong domestic demand pushed imports higher, it also became a deduction factor for overall GDP growth. Looking ahead, attention should be paid to whether the momentum of AI investment is peaking and the trade policy risks following the election.