Consumer Spending in the United States increased to 13333.84 USD Billion in the first quarter of 2021 from 12999.09 USD Billion in the fourth quarter of 2020. source: U.S. Bureau of Economic Analysis

Consumer Spending in the United States averaged 6021.61 USD Billion from 1950 until 2021, 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 May of 2021.

Consumer Spending in the United States is expected to be 12857.00 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 13614.00 in 12 months time. In the long-term, the United States Consumer Spending is projected to trend around 13763.00 USD Billion in 2022 and 14052.00 USD Billion in 2023, according to our econometric models.

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United States Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
13333.84 12999.09 13353.69 1403.69 1950 - 2021 USD Billion Quarterly
Constant Prices 2012, SA

United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 82.80 88.30 111.40 51.70 points [+]
Retail Sales MoM 0.00 10.70 18.10 -14.70 percent [+]
Retail Sales YoY 51.20 29.00 51.20 -20.00 percent [+]
Retail Sales Ex Autos -0.80 9.00 12.20 -15.10 percent [+]
Consumer Spending 13333.84 12999.09 13353.69 1403.69 USD Billion [+]
Disposable Personal Income 21902.41 17721.01 21902.41 351.54 USD Billion [+]
Personal Spending 4.20 -1.00 8.70 -12.70 percent [+]
Personal Income 21.10 -7.00 21.10 -7.00 percent [+]
Personal Savings 27.60 13.90 33.70 2.20 percent [+]
Consumer Credit 25.84 26.13 29.22 -64.09 USD Billion [+]
Private Sector Credit 10335.90 10375.33 10829.94 39.04 USD Billion [+]
Bank Lending Rate 3.25 3.25 20.50 2.00 percent [+]
Economic Optimism Index 54.40 56.40 62.90 35.80 [+]
Redbook Index 13.30 14.20 14.20 -12.60 percent [+]
Chain Store Sales 2056.00 1495.00 15875.00 11.00 USD Million [+]
Gasoline Prices 0.75 0.74 1.07 0.24 USD/Liter [+]
Households Debt To GDP 78.00 76.40 98.60 23.60 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.