AI Data Insight
Latest data shows that the contribution of U.S. personal consumption expenditures (goods) to GDP dropped to -0.03% in the first quarter of 2026, further deteriorating from -0.01% in the previous quarter. Although the overall annualized quarterly GDP growth rate rebounded to 2.0% due to support from AI investments and the service sector, it fell short of the market consensus of 2.3%. Under the dual pressures of inflation driven by oil prices and savings rates hitting bottom, future consumption headwinds are likely to intensify.