AI Data Insight
According to the latest provided data, US PCE services spending in Q3 (August) 2026 declined to $15,358.9 billion, a decrease of $42.1 billion from the previous value of $15,401.0 billion. Although most external institutions estimated an increase in services consumption, the actual data fell against the trend, suggesting that the crowding-out effect of high interest rates on the service sector may be emerging.