AI Data Insight
The contribution of Personal Consumption Expenditures (PCE) to US GDP in the third quarter of 2026 jumped to 2.52 percentage points from 2.12 percentage points in the previous quarter. This strong data drove the overall Q3 annualized GDP growth rate to 3.4%, beating the market expectation of 3.2%, indicating that the US domestic demand engine remains red-hot, supported by strong buying momentum in services and goods.