Consumer Spending in the United States decreased to 11860.25 USD Billion in the second quarter of 2020 from 13118.41 USD Billion in the first quarter of 2020.
Consumer Spending in the United States averaged 5946.46 USD Billion from 1950 until 2020, reaching an all time high of 13353.69 USD Billion in the fourth quarter of 2019 and a record low of 1403.69 USD Billion in the first quarter of 1950. This page provides the latest reported value for - United States Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Consumer Spending - values, historical data and charts - was last updated on October of 2020.
Consumer Spending in the United States is expected to be 12636.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in the United States to stand at 12221.00 in 12 months time. In the long-term, the United States Consumer Spending is projected to trend around 14000.00 USD Billion in 2021 and 14280.00 USD Billion in 2022, according to our econometric models.