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Inflation-adjusted US personal consumption expenditures were unchanged month-on-month in September 2026, following a revised 0.5% increase in August. Goods spending fell 0.3%, reversing a 1.1% rise in the previous month, driven by lower spending on motor vehicles and parts (-2% vs 2.4%), recreational goods and vehicles (-0.2% vs 1.5%), and other durable goods (-0.8% vs 1.5%). Meanwhile, spending on nondurable goods was flat after rising 0.8% in August, as higher spending on food and beverages (0.1% vs 0.5%) was offset by declines in gasoline and other energy goods (-0.1% vs -0.5%) and other nondurable goods (-0.1% vs 1.5%). In contrast, services spending increased 0.2%, easing from 0.3% in August, amid slower growth in food services and accommodations (0.5% vs 1.1%) and transportation services (0.3% vs 0.4%), while recreation services fell 0.8% following a 1.1% decline. Spending on housing and utilities rose 0.1%, slowing from 0.2% in the previous month.

Inflation-adjusted US personal spending increased 0.6% month-on-month in August 2026, the most since March 2025, accelerating from a 0.1% rise in July. Goods spending rose 1.3%, reversing a 0.5% decline in the prior month, driven by higher spending on motor vehicles and parts (2.6% vs -0.8%), recreational goods and vehicles (1.9% vs -2.7%) and other nondurable goods (1.5% vs -0.3%). In contrast, spending on gasoline and other energy goods stalled after rising 0.3% previously. Meanwhile, services spending increased 0.2%, slowing from a 0.3% rise, amid higher spending on food services and accommodations (0.8% vs 0.4%), financial services and insurance (0.3% vs -0.1%) and transportation services (0.2% vs 0.4%), while recreation services declined 1.1% following a 0.2% increase. In turn, spending on housing and utilities edged up 0.1%, unchanged from July.

Inflation-adjusted US personal spending was unchanged month-on-month in July 2026, following a 0.4% increase in June. Goods spending declined 0.6%, reversing a 0.6% rise in the previous month, driven by weaker spending on gasoline and other energy goods (-0.1% vs 2.5%), motor vehicles and parts (-1.6% vs 1.2%), and recreational goods and vehicles (-2.9% vs 0.1%). Meanwhile, services spending rose 0.3%, although slowing from a 0.4% increase in June, as spending growth moderated in healthcare (0.4% vs 0.6%), transportation (0.6% vs 0.8%), recreation (0.1% vs 1.3%), and financial services and insurance (0.1% vs 0.7%). Spending on housing and utilities services edged up 0.1%, following a flat reading in June.

Inflation-adjusted US personal spending rose 0.4% month-over-month in June 2026, matching May's pace. Goods spending accelerated to 0.7% from 0.6%, driven by stronger gains in motor vehicles and parts (2.2% vs. 1.9%), gasoline and other energy goods (0.7% vs. -3.3%), and clothing and footwear (1.3% vs. 0.9%). Meanwhile, services spending increased 0.3%, unchanged from May. Faster growth in recreation services (0.9% vs. 0.2%) and financial services and insurance (0.6% vs. 0.4%) offset slower gains in food services and accommodations (0.3% vs. 0.9%) and housing and utilities (0.0% vs. 0.2%). Spending on health care and transportation services remained steady at 0.3% each.

Inflation-adjusted US personal spending rose 0.3% month-over-month in May 2026, after a revised flat reading in April. Spending on goods increased 0.5%, rebounding from a 0.4% fall in April, due to motor vehicles and parts (0.9% vs -3.8% in April), recreational goods and vehicles (0.8% vs -0.3%), food and beverages (0.2% vs -0.1%), and clothing and footwear (0.4% vs -0.4%). Meanwhile, spending on services rose 0.2%, the same as in the previous month. Spending rose for housing and utilities (0.3% vs -0.1%), health care (0.2% vs 0.1%), recreation services (0.3% vs 0.4%), and financial services and insurance (0.3% vs 0.2%), while it declined for transportation services (-0.3% vs -0.7%), and food services and accommodations (-0.3% vs 0.3%).

Inflation-adjusted US personal spending edged up 0.1% month-over-month in April 2026, slowing from an upwardly revised 0.3% increase in March, as consumers showed signs of more cautious demand. Spending on goods declined 0.1%, following a 0.8% rise in March, with motor vehicles and parts falling 1.1% (vs. +3.5% in March) and clothing and footwear dropping 0.9% (vs. -0.2%). Recreational goods and vehicles also saw a fifth consecutive monthly decline (-0.5% vs. -0.6%). Meanwhile, spending on services accelerated to 0.2% from 0.1%, driven by recreation services (1.1% vs. 0.2%), financial services and insurance (0.2% vs. 0.1%), food services and accommodations (0.2% vs. 0.0%), and healthcare (0.1% vs. 0.0%).

Inflation-adjusted US personal spending edged down to 0.2% month-over-month in March 2026, from an upwardly revised 0.3% in the previous month, as consumers showed signs of more cautious demand. Goods spending held at 0.6%, but the underlying picture weakened. Spending eased sharply for motor vehicles and parts (2.4% vs 6.8% in February), while it declined for gasoline and other energy goods (-1.4% vs 0.2%) and clothing and footwear (-0.5% vs 1.1%). Services spending remained subdued at 0.1%, weighed down by housing and utilities (-0.3% vs 0%), healthcare (0.2% vs 0.3%), and transportation services (-0.5% vs 1.6%). Meanwhile, spending rebounded for recreation services (0.4% vs -0.5%) and slightly rose for financial services and insurance (0.4% vs 0.2%).

Inflation-adjusted US personal spending inched up 0.1% month-over-month in February 2026, following no growth in January, signaling continued caution among households amid high inflation. Goods spending partially recovered, rising 0.2% after January’s 0.7% decline, driven by a 4.3% rebound in motor vehicle and parts purchases (vs. -4.2% in January). However, other durable goods remained weak, and non-durable goods spending fell for the third consecutive month (-0.2%), weighed down by declines in off-premises food and beverages (-0.8%) and gasoline and energy goods (-0.3%). Services spending also slowed to 0.1% from 0.3%, with softer demand for housing and utilities, healthcare, recreation, and financial services.

Real personal spending in the US, which adjusts consumer outlays for inflation, rose 0.1% month-over-month in January 2026, matching the pace of the previous two months and slightly exceeding market expectations of no growth. The data indicate that consumer spending remained subdued as high inflation continued to weigh on households, particularly in the wake of the holiday season. Goods spending fell 0.4%, led by weaker purchases of motor vehicles (-3.2%) and recreational goods (-0.5%), while nondurables were flat, with gains in food (+0.3%) offset by declines in clothing (-1.0%) and gasoline (-0.2%). Meanwhile, services consumption rose 0.3%, supported by higher spending on housing and utilities (+0.4%), health care (+0.4%), financial services and insurance (+0.6%), and other services (+0.3%).