AI Data Insight
The annual growth rate of US Real Personal Consumption Expenditures (PCE) for 2025 was recorded at 2.7%, a slight slowdown from 2.8% in 2024 but still superior to 2023 levels, indicating that domestic demand remains robust despite high borrowing costs. Detailed data reveals a "K-shaped" divergence in consumption momentum, with services expenditure continuing to expand and offsetting the decline in durable goods and merchandise consumption; however, the saving rate has dropped to recent lows, implying that households are depleting excess savings to maintain purchasing power.