US Personal Spending Matches Expectations

2026-04-30 12:43 By Czyrill Jean Coloma 1 min. read

US personal spending rose by 0.9% month-on-month in March 2026, reaching $195.4 billion, accelerating from an upwardly revised 0.6% increase in February and matching market expectations.

The increase was primarily driven by stronger goods spending ($132.6 billion), particularly in gasoline and other energy goods (+$81.3 billion), motor vehicles and parts (+$17.6 billion), other non-durable goods (+$9.9 billion), food and beverages (+$6.9 billion), and recreational goods and vehicles (+$6.3 billion).

Spending on services also increased to $62.9 billion, led by health care (+$21.3 billion), financial services and insurance (+$14.6 billion), transportation services (+$6.7 billion), and other services (+$6.6 billion).

Meanwhile, inflation-adjusted consumer spending edged down to 0.2%, from an upwardly revised 0.3% in February.



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US Personal Spending Matches Expectations
US personal spending rose by 0.9% month-on-month in March 2026, reaching $195.4 billion, accelerating from an upwardly revised 0.6% increase in February and matching market expectations. The increase was primarily driven by stronger goods spending ($132.6 billion), particularly in gasoline and other energy goods (+$81.3 billion), motor vehicles and parts (+$17.6 billion), other non-durable goods (+$9.9 billion), food and beverages (+$6.9 billion), and recreational goods and vehicles (+$6.3 billion). Spending on services also increased to $62.9 billion, led by health care (+$21.3 billion), financial services and insurance (+$14.6 billion), transportation services (+$6.7 billion), and other services (+$6.6 billion). Meanwhile, inflation-adjusted consumer spending edged down to 0.2%, from an upwardly revised 0.3% in February.
2026-04-30
US Personal Spending Rises 0.5% in February
US personal spending grew 0.5% month-over-month in February 2026, totaling $103.2 billion, up from a downwardly revised 0.3% increase in January and in line with expectations. The rise was fueled by higher goods spending (+$58.7 billion), particularly in motor vehicles and parts (+$32.6 billion), nondurable goods (+$9.1 billion), and clothing and footwear (+$8.7 billion). Spending on services also climbed (+$44.5 billion), driven by healthcare (+$15.7 billion), financial services and insurance (+$10.4 billion), and transportation services (+$9.8 billion). However, inflation-adjusted consumer spending inched up just 0.1% after stagnating in January.
2026-04-09
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