US personal spending increased 0.4% month-over-month in January 2026, or $81.1 billion, matching December’s pace and slightly beating market expectations of 0.3%. The increase was primarily driven by higher services spending, which rose $105.7 billion, led by health care (+$37.4 billion), housing and utilities (+$24.4 billion), financial services and insurance (+$16.0 billion), nonprofit institutions’ expenditures (+$14.8 billion), and other services (+$11.0 billion). In contrast, goods spending declined by $24.6 billion, pulled down by lower purchases of motor vehicles and parts (-$29.3 billion), gasoline and other energy goods (-$15.3 billion), and clothing and footwear (-$3.4 billion). Still, inflation-adjusted consumer spending increased only 0.1%. source: U.S. Bureau of Economic Analysis

Personal Spending in the United States increased 0.40 percent in January of 2026 over the previous month. Personal Spending in the United States averaged 0.53 percent from 1959 until 2026, reaching an all time high of 8.40 percent in May of 2020 and a record low of -11.30 percent in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Personal Spending in the United States increased 0.40 percent in January of 2026 over the previous month. Personal Spending in the United States is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Personal Spending is projected to trend around 0.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-20 01:30 PM
Personal Spending MoM
Dec 0.4% 0.4% 0.4% 0.0%
2026-03-13 12:30 PM
Personal Spending MoM
Jan 0.4% 0.4% 0.3% 0.3%
2026-04-09 12:30 PM
Personal Spending MoM
Feb 0.4%


Related Last Previous Unit Reference
Consumer Spending 16667.00 16585.90 USD Billion Dec 2025
Disposable Personal Income 23474.90 23255.00 USD Billion Jan 2026
Personal Income MoM 0.40 0.30 percent Jan 2026
Personal Savings 4.50 4.00 percent Jan 2026
Personal Spending MoM 0.40 0.40 percent Jan 2026
Real Personal Spending MoM 0.10 0.10 percent Jan 2026


United States Personal Spending
Personal consumption expenditures (PCE) is the primary measure of consumer spending on goods and services in the U.S. economy. 1 It accounts for about two-thirds of domestic final spending, and thus it is the primary engine that drives future economic growth. PCE shows how much of the income earned by households is being spent on current consumption as opposed to how much is being saved for future consumption. PCE also provides a comprehensive measure of types of goods and services that are purchased by households. Thus, for example, it shows the portion of spending that is accounted for by discretionary items, such as motor vehicles, or the adjustments that consumers make to changes in prices, such as a sharp run-up in gasoline prices.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 8.40 -11.30 1959 - 2026 percent Monthly
Current Prices, SA

News Stream
US Personal Spending Rises on Strong Services Demand
US personal spending increased 0.4% month-over-month in January 2026, or $81.1 billion, matching December’s pace and slightly beating market expectations of 0.3%. The increase was primarily driven by higher services spending, which rose $105.7 billion, led by health care (+$37.4 billion), housing and utilities (+$24.4 billion), financial services and insurance (+$16.0 billion), nonprofit institutions’ expenditures (+$14.8 billion), and other services (+$11.0 billion). In contrast, goods spending declined by $24.6 billion, pulled down by lower purchases of motor vehicles and parts (-$29.3 billion), gasoline and other energy goods (-$15.3 billion), and clothing and footwear (-$3.4 billion). Still, inflation-adjusted consumer spending increased only 0.1%.
2026-03-13
US Consumer Spending Rises Steadily in December
US personal spending increased 0.4% month-over-month in December 2025, or $91 billion, matching November’s pace and market expectations. The gain was driven by a $98.5 billion rise in services outlays, led by higher spending on housing and utilities (+$29.4 billion), recreation services (+$20.9 billion), healthcare (+$20.5 billion), financial services and insurance (+$14.5 billion), and other services (+$10.9 billion). In contrast, goods spending fell by $7.5 billion, weighed down by lower purchases of motor vehicles and parts (-$6.3 billion), other nondurable goods (-$2.9 billion), and clothing and footwear (-$2.4 billion).
2026-02-20
US Personal Spending Grows as Expected
Personal spending in the United States rose by 0.5% from the previous month to an annualized $21.410 trillion in November of 2025, extending the 0.5% increase from the previous month, according to data that was delayed due to the US government shutdown. Spending growth was noted both for durable (0.7% to $2.30 trillion) and non-durable goods (0.7% $4.33 trillion) goods. Additionally, spending was also higher for services (0.4% to $14.79 trillion).
2026-01-22