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United States Personal Spending

Last Release
Aug 2021
Actual
0.8 %
Forecast
0.6 %
Previous
0.3 %
Frequency
Monthly
Units In
%
Next Release
Oct 29, 2021
Time to Release
8 Days 1 Hours
Highest
Lowest
Average
Date Range
Source
8.2 %
May 2020
-12.6 %
Apr 2020
0.53 %1959 - 2021U.S. Bureau of Economic Analysis
Personal consumption expenditures (PCE) is the primary measure of consumer spending on goods and services in the U.S. economy. 1 It accounts for about two-thirds of domestic final spending, and thus it is the primary engine that drives future economic growth. PCE shows how much of the income earned by households is being spent on current consumption as opposed to how much is being saved for future consumption. PCE also provides a comprehensive measure of types of goods and services that are purchased by households. Thus, for example, it shows the portion of spending that is accounted for by discretionary items, such as motor vehicles, or the adjustments that consumers make to changes in prices, such as a sharp run-up in gasoline prices.

Latest Updates

Personal spending in the US rose 0.8% mom in August of 2021, rebounding from a 0.1% drop in July and beating market forecasts of a 0.6% gain, a sign the economic recovery is gaining traction after a summer slowdown due to the spread of the coronavirus delta variant. A rise in spending for food and beverages as well as “other” nondurable goods (mainly, household supplies as well as recreational items) was more than enough to offset a decrease in spending for motor vehicles and parts. Within services, the increases were widespread, led by “other” services (mainly, personal care and clothing services), housing and utilities, and health care.

United States Personal Spending History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Oct 1, 202112:33US Consumer Spending Surprises on the Upside
Aug 27, 202112:34US Personal Spending Continues to Rise in July
Jul 30, 202112:33US Personal Spending Beats Forecasts
Dec 20, 201915:04US Consumer Spending Rises 0.4% in November
Nov 27, 201915:05US Consumer Spending Rises 0.3% in October
Oct 31, 201912:36US Consumer Spending Rises 0.2% in September
Sep 27, 201912:55US Personal Spending Below Forecasts
DATETIMEEVENTActual
Oct 1, 202112:30Personal Spending MoM0.8 %
Aug 27, 202112:30Personal Spending MoM0.3 %
Jul 30, 202112:30Personal Spending MoM1 %
Jun 25, 202112:30Personal Spending MoM0
May 28, 202112:30Personal Spending MoM0.5 %
Apr 30, 202112:30Personal Spending MoM4.2 %
Mar 26, 202112:30Personal Spending MoM-1 %

United States consumer Indicators

All United States indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Bank Lending Rate
3.25
Sep 2021
3.25
Aug 2021
2
Apr 1950
20.5
Aug 1981
%Monthly1950 - 2021
Consumer Confidence
71.4
Oct 2021
72.8
Sep 2021
51.7
May 1980
111.4
Jan 2000
pointsMonthly1952 - 2021
Consumer Credit
14.38
Aug 2021
17
Jul 2021
-111.95
Dec 2015
116.79
Dec 2010
USD BillionMonthly1943 - 2021
Consumer Spending
13,665.61
Jun 2021
13,282.69
Mar 2021
1,403.69
Mar 1950
13,665.61
Jun 2021
USD BillionQuarterly1950 - 2021
Gasoline Prices
0.84
Sep 2021
0.83
Aug 2021
0.24
Feb 1999
1.07
Jun 2008
USD/LiterMonthly1991 - 2021
Disposable Personal Income
18,123.92
Aug 2021
18,048.1
Jul 2021
351.54
Jan 1959
21,902.41
Mar 2021
USD BillionMonthly1959 - 2021

Personal Spending across North America

Personal Spending global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
United States
0.8
Aug 2021
0.3
Jul 2021
-12.6
Apr 2020
8.2
May 2020
%Monthly1959 - 2021

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