AI Data Insight
The GDP quarter-over-quarter contribution of "services" within the US Personal Consumption Expenditures (PCE) for the second quarter of 2026 recorded 1.04%, a slight decline from 1.11% in the previous quarter. Although the overall US Q2 annualized GDP growth rate fell to 1.5%, falling short of market expectations, core private consumption and demand in service sectors such as healthcare and recreation remain steady, supporting the economic fundamentals.