US personal spending increased by $36.3 billion, or 0.2%, in July 2026 from the previous month, slowing from a 0.3% gain in June but exceeding expectations for a 0.1% increase, as an increase in services spending was partially offset by a decline in spending of most goods. Goods spending decreased $49.9 billion, driven by a lower spending on gasoline and other energy goods (down $14 billion), recreational goods and vehicles (down $13.6 billion), motor vehicles and parts (down $9.4 billion) and furnishings and durable household equipment (down $3.8 billion). Meanwhile, spending in overall services increased $86.2 billion, driven by higher spending on financial services and insurance (up $24.3 billion), health care (up $23.2 billion) and housing and utilities (up $16.4 billion). Meanwhile, inflation-adjusted consumer spending was broadly flat in July, following a 0.4% increase in the prior month. source: U.S. Bureau of Economic Analysis
Personal Spending in the United States increased 0.20 percent in July 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 August of 2026.
Personal Spending in the United States increased 0.20 percent in July of 2026 over the previous month. Personal Spending in the United States is expected to be 0.10 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.