AI Data Insight
The durable goods component of US Personal Consumption Expenditures (PCE) in Q3 2026 fell to 2380.1 billion USD, declining from 2423.9 billion USD in Q2. Although overall personal spending was supported by the service sector, higher-than-expected inflation and the advance of major retail promotion schedules led to a significant contraction in buying interest for durable goods such as automobiles and home appliances at the beginning of the third quarter.