AI Data Insight
In the first quarter of 2026, the contribution of goods within US real personal consumption expenditures (PCE) to GDP dropped to 1.11%, a significant slowdown compared to 1.59% in the previous quarter. During the same period, the annualized quarter-over-quarter growth rate of US GDP was 2.0%, lower than the market expectation of 2.3%, indicating that a resurgence in inflation has suppressed private real purchasing power.