AI Data Insight
In the U.S. personal consumption expenditures for the third quarter of 2026, the quarter-over-quarter growth contribution of durable goods to GDP slowed to 0.17% from 0.49% in the previous quarter. Although the demand for high-ticket items was suppressed by high interest rates, overall U.S. Q3 GDP still delivered a better-than-expected growth rate of 3.4%, benefiting from the support of services consumption and strong corporate AI equipment investment. Looking ahead, high borrowing costs will be the key variable testing the recovery of durable goods.