United States Personal Spending  1959-2018 | Data | Chart | Calendar

Personal spending in the United States increased 0.4 percent month-over-month in March of 2018 after being flat in the previous month. It matched market expectations amid a recovery in consumption of durable goods. When adjusted for inflation, consumer spending also increased 0.4 percent. Personal Spending in the United States averaged 0.54 percent from 1959 until 2018, 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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US Personal Spending Rises 0.4%, in Line with Expectations


Personal spending in the United States increased 0.4 percent month-over-month in March of 2018 after being flat in the previous month. It matched market expectations amid a recovery in consumption of durable goods. When adjusted for inflation, consumer spending also increased 0.4 percent.

Personal consumption expenditures (PCE) increased $61.7 billion or 0.4 percent. Spending on durables rebounded (0.8 percent compared to -0.4 percent in February) and rose faster for services (0.6 percent compared to 0.2 percent). On the other hand, spending on nondurables fell 0.2 percent, following a 0.4 percent fall in February. 

Real PCE went up 0.4 percent or $50.0 billion, reflecting an increase of $24.2 billion in spending for goods and a $26.8 billion increase in spending for services. Within goods, purchases of recreational goods and vehicles was the leading contributor to the increase. Within services, the largest contributor to the increase was spending for household electricity and gas.

Personal income increased 0.3 percent or $47.8 billion, the same as in the previous month and slightly below market expectations of a 0.4 percent gain. It primarily reflected increases in wages and salaries, social security benefits, and dividend income.

Disposable personal income (DPI) increased $39.8 billion or 0.3 percent and real DPI went up 0.2 percent. 

The personal consumption expenditures (PCE) price index was flat on the month after a 0.2 percent rise in February. Excluding food and energy, PCE prices went up 0.2 percent, the same as in February. On the year, the PCE rose 2 percent from 1.7 percent and the core one also increased 1.9 percent from 1.6 percent. 


BEA | Joana Taborda | joana.taborda@tradingeconomics.com
4/30/2018 12:59:03 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-03-01 01:30 PM Personal Spending MoM 0.2% 0.4% 0.2% 0.3%
2018-03-29 12:30 PM Personal Spending MoM 0.2% 0.2% 0.2% 0.2%
2018-04-30 12:30 PM Personal Spending MoM 0.4% 0% 0.4% 0.3%
2018-05-31 12:30 PM Personal Spending MoM 0.4% 0.3% 0.3%
2018-06-29 12:30 PM Personal Spending MoM 0.32%
2018-07-31 12:30 PM Personal Spending MoM 0.33%


United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 98.00 98.80 111.40 51.70 Index Points [+]
Retail Sales MoM 0.30 0.80 6.70 -3.70 percent [+]
Retail Sales YoY 4.70 4.90 11.20 -11.50 percent [+]
Retail Sales Ex Autos 0.30 0.40 2.70 -3.80 percent [+]
Consumer Spending 12066.82 12035.23 12066.82 1320.40 USD Billion [+]
Disposable Personal Income 14809.91 14794.74 14809.91 351.90 USD Billion [+]
Personal Spending 0.40 0.00 2.80 -2.00 percent [+]
Personal Income 0.30 0.30 4.60 -5.20 percent [+]
Personal Savings 3.10 3.40 17.00 1.90 percent [+]
Consumer Credit 11.60 13.60 118.10 -113.40 USD Billion [+]
Private Sector Credit 9246.46 9199.21 9463.65 39.04 USD Billion [+]
Bank Lending Rate 4.75 4.58 20.50 2.00 percent [+]
Economic Optimism Index 53.60 52.60 62.90 35.80 [+]
Redbook Index 3.20 4.90 7.60 -5.80 percent [+]
Chain Store Sales 4245.00 3594.00 15875.00 3146.00 USD Million [+]
Gasoline Prices 0.75 0.70 0.99 0.32 USD/Liter [+]
Households Debt To Gdp 78.50 78.40 98.00 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 Personal Spending

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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.00 2.80 -2.00 1959 - 2018 percent Monthly
Current Prices, SA




personal spending by Country
Country Last
France 0.10 Mar/18
Netherlands 3.20 Mar/18
United States 0.40 Mar/18


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