United States: Contributions to Percent Change in Real GDP: Quarterly: Exports of Services: SA

Macro

2026-07-30

Description

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Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Quarterly
Next Update

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%.

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%.

Description

-

Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Quarterly
Next Update