AI Data Insight
The annualized quarter-over-quarter growth rate of services imports in the US real GDP for Q3 2026 sharply declined to -4.2%, turning negative from the previous reading of 0.1%. However, during the same period, the annualized quarter-over-quarter growth rate of the overall US GDP reached 3.4%, outperforming the market expectation of 3.2%. This indicates a divergence phenomenon where the broader economy is running hot, supported by AI investments and domestic services consumption, while the import demand for foreign services is experiencing significant contraction.