AI Data Insight
In July 2026, US personal consumption expenditures on nondurable goods rebounded to 4,506.1 billion USD, an increase of approximately 0.8% from the previous month, ending a two-month downward trend. In an environment where overall inflation remains at 3.7%, inelastic demand supported the performance of nondurable goods spending, indicating that US consumers continued to maintain basic consumption resilience at the beginning of the third quarter.