AI Data Insight
Latest data shows that the contribution of US services exports to quarter-over-quarter GDP growth dropped to -0.13% in the second quarter of 2026, a significant reversal from the previous value of 0.16%. Despite strong domestic consumer spending, constrained by weak services exports, a surge in imports, and reduced government spending, the annualized quarter-over-quarter growth rate of overall US GDP in the second quarter only reached 1.5%, falling short of the market consensus of 2.1%.