AI Data Insight
In Q3 2026, the contribution of US net exports of goods and services to quarter-over-quarter GDP growth plummeted to -3.32%, significantly deteriorating from the previous -1.01%. Net exports became the biggest drag on US economic expansion this quarter, primarily due to strong domestic demand and large-scale deployment of AI infrastructure by enterprises, which drove a surge in related equipment imports. Despite a significantly wider trade deficit, overall US economic performance still beat market expectations, supported by investment and consumption.