United States Personal Spending

Last Release

Aug 31, 2025

Actual

0.6

Units In

0.5

Frequency

Monthly

Next Release

Jan 29, 2026

Time to Release

1 Months 22 Days 16 Hours

Highest	Lowest	Average	Date Range	Source
8.6 May 2020	-12.6 Apr 2020	0.53 %	1959-2025	U.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

US personal spending rose 0.3% month-over-month in September 2025, an increase of $65.1 billion, according to delayed data. The result matched market expectations and followed a downwardly revised 0.5% gain in August. The bulk of September’s growth came from a $63.0 billion increase in services spending, led by housing and utilities ($15.4 billion), health care ($12.6 billion), financial services and insurance ($12.5 billion), food services and accommodations ($8.2 billion), and transportation services ($6.7 billion). Goods spending inched up by $2.1 billion, as a sharp rise in gasoline and other energy goods ($17.2 billion) outweighed declines in motor vehicles and parts (-$7.4 billion), recreational goods and vehicles (-$6.3 billion), and clothing and footwear (-$3.8 billion).