United States Personal Spending  1959-2017 | Data | Chart | Calendar

Personal spending in the United States rose 0.4 percent on the month in April of 2017, following an upwardly revised 0.3 percent gain in March, matching market expectations. It is the biggest increase so far this year, boosted by a rebound in spending on durable and nondurable goods. Personal Spending in the United States averaged 0.54 percent from 1959 until 2017, reaching an all time high of 2.80 percent in October of 2001 and a record low of -2 percent in January of 1987.

United States Personal Spending
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-31 12:30 PM Feb 0.1% 0.2% 0.2% 0.3%
2017-05-01 12:30 PM Mar 0.0% 0.0% 0.2% 0.2%
2017-05-30 12:30 PM Apr 0.4% 0.3% 0.4% 0.4%
2017-06-30 12:30 PM May 0.4% 0.1% 0.3%
2017-08-01 12:30 PM Jun 0.32%
2017-08-31 12:30 PM Jul 0.32%




US Personal Spending Rises The Most In 4 Months


Personal spending in the United States rose 0.4 percent on the month in April of 2017, following an upwardly revised 0.3 percent gain in March, matching market expectations. It is the biggest increase so far this year, boosted by a rebound in spending on durable and nondurable goods.

Consumption rose by USD 53.2 billion, boosted by a recovery in durable (0.9 percent from -0.4 percent in March) and nondurable goods (0.6 percent from -0.2 percent). On the other hand, spending rose less for services (0.3 percent from 0.6 percent). 

Personal income also increased 0.4 percent or USD 58.4 billion, higher than 0.2 percent in March and in line with expectations. It primarily reflected a rise in private wages and salaries.

Personal outlays increased USD 56.4 billion in April and personal saving was USD 759.1 billion. The personal saving rate was steady at 5.3 percent. 

Disposable personal income (DPI) went up 0.4 percent or USD 56.5 billion. Real DPI increased 0.2 percent and real PCE rose 0.2 percent.

The PCE price index increased 0.2 percent after a 0.2 percent fall in March. Excluding food and energy, the PCE price index went up 0.2 percent, following a 0.1 percent decline in the previous month. 

BEA | Joana Taborda | joana.taborda@tradingeconomics.com
5/30/2017 12:43:50 PM



United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 94.50 97.10 111.40 51.70 [+]
Retail Sales MoM -0.30 0.40 6.70 -3.70 percent [+]
Retail Sales YoY 3.80 4.60 11.20 -11.50 percent [+]
Retail Sales Ex Autos -0.30 0.40 2.70 -3.80 percent [+]
Consumer Spending 11688.50 11669.80 11688.50 1320.40 USD Billion [+]
Disposable Personal Income 14432.50 14428.50 14432.50 351.90 USD Billion [+]
Personal Spending 0.40 0.30 2.80 -2.00 percent [+]
Personal Income 0.40 0.20 4.60 -5.20 percent [+]
Personal Savings 5.30 5.30 17.00 1.90 percent [+]
Consumer Credit 8.20 19.50 118.60 -17.80 USD Billion [+]
Private Sector Credit 9220.64 9177.64 9220.64 39.04 USD Billion [+]
Bank Lending Rate 4.00 4.00 20.50 2.00 percent [+]
Economic Optimism Index 51.30 51.30 62.90 35.80 [+]
Redbook Index 2.80 2.10 7.60 -5.80 percent [+]
Gasoline Prices 0.63 0.64 0.99 0.32 USD/Liter [+]
Households Debt To Gdp 79.50 79.40 95.50 23.40 percent of GDP [+]
Chain Store Sales 4254.00 4223.00 15875.00 3129.00 USD Million [+]


United States Personal Spending Notes

Consumer spending accounts for about 70 percent of economic activity in the United States and is a key driver of growth. This page provides the latest reported value for - United States Personal Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Personal Spending - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.30 2.80 -2.00 1959 - 2017 percent Monthly
Current Prices, SA



personal spending by Country

Last
France 0.50 Apr/17
Netherlands 2.70 Apr/17
United States 0.40 Apr/17