AI Data Insight
Latest data shows that the annual growth rate of US real goods consumption (PCE Goods) climbed to 3.2% in November 2025, significantly outperforming the previous reading of 2.4% and the lows of 2022. Market analysis indicates that consumers are "front-loading" consumption to avoid potential tariffs in 2026. Coupled with support from the wealth effect, this has driven a recovery in demand for durable goods. However, 2026 may face risks of a slowdown due to demand overdraft and sticky inflation.