United States Consumer Spending  Forecast 2016-2020

Consumer Spending in the United States is expected to be 11819.28 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 11956.30 in 12 months time. In the long-term, the United States Consumer Spending is projected to trend around 12292.09 USD Billion in 2020, according to our econometric models.

United States Consumer Spending
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Forecast Actual Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Consumer Spending 11701 11819 11862 11912 11956 12292 USD Billion
United States Consumer Spending Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States Consumer Spending using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United States Consumer Spending - was last predicted on Friday, July 21, 2017.



United States Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence 93.1 95 94 94 94.5 86.7
Retail Sales MoM -0.2 0.3 0.2 0.28 0.28 0.4
Retail Sales YoY 2.8 3.1 3.2 2.9 2.7 4
Retail Sales Ex Autos -0.2 0.21 0.29 0.29 0.3 0.3
Consumer Spending 11701 11819 11862 11912 11956 12292
Disposable Personal Income 14490 14636 14747 14858 14968 16068
Personal Spending 0.1 0.32 0.4 0.31 0.31 0.5
Personal Income 0.4 0.32 0.6 0.31 0.31 0.31
Personal Savings 5.5 5.36 5.36 5.37 5.37 5.37
Consumer Credit 18.4 17.17 17.13 17.14 17.14 17.14
Private Sector Credit 9251 9328 9403 9474 9541 10049
Bank Lending Rate 4.13 4 4.15 4.15 4.25 5.25
Economic Optimism Index 50.2 50.09 49.95 49.9 49.88 49.87
Redbook Index 2 2.21 2.22 2.22 2.22 2.22
Gasoline Prices 0.6 0.59 0.57 0.57 0.56 0.54
Households Debt To Gdp 79.5 79.5 80 80.2 80.3 82.6
Chain Store Sales 4514 4757 4790 4782 4784 4783