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.

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United States Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
11860.25 13118.41 13353.69 1403.69 1950 - 2020 USD Billion Quarterly
Constant Prices 2012, SA

United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 81.20 80.40 111.40 51.70 points [+]
Retail Sales MoM 1.90 0.60 18.30 -14.70 percent [+]
Retail Sales YoY 5.40 2.80 11.20 -19.90 percent [+]
Retail Sales Ex Autos 1.50 0.50 12.30 -15.20 percent [+]
Consumer Spending 11860.25 13118.41 13353.69 1403.69 USD Billion [+]
Disposable Personal Income 17303.04 17873.90 19005.41 351.54 USD Billion [+]
Personal Spending 1.00 1.50 8.70 -12.70 percent [+]
Personal Income -2.70 0.50 12.20 -4.70 percent [+]
Personal Savings 14.10 17.70 33.60 2.20 percent [+]
Consumer Credit -7.22 12.25 115.58 -111.45 USD Billion [+]
Private Sector Credit 10521.00 10526.26 10829.94 39.04 USD Billion [+]
Bank Lending Rate 3.25 3.25 20.50 2.00 percent [+]
Economic Optimism Index 55.20 45.00 62.90 35.80 [+]
Redbook Index 2.50 1.20 9.30 -12.60 percent [+]
Chain Store Sales 1798.00 1849.00 15875.00 12.00 USD Million [+]
Gasoline Prices 0.58 0.58 1.07 0.24 USD/Liter [+]
Households Debt To GDP 75.20 75.40 98.60 23.80 percent of GDP [+]
Consumer Confidence Current Conditions 113.20 112.50 121.10 57.50 [+]
Consumer Confidence Economic Expectations 80.20 83.90 108.60 44.20 [+]
Consumer Confidence Price Trends 2.70 2.60 10.40 0.40 [+]


United States Consumer Spending
Consumer Spending refers to private expenditure on goods and services and is a major component of the GDP.