AI Data Insight

The goods contribution to the US real Personal Consumption Expenditures (PCE) in the first quarter of 2026 was -0.03%, further deteriorating from -0.01% in the previous quarter and showing contraction for two consecutive quarters. Against the backdrop of surging core inflation and Middle East geopolitical conflicts driving up oil prices, consumer spending momentum has weakened, making the goods sector a stumbling block to overall economic growth.

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