US Consumer Spending Rises More Than Expected

2026-09-30 12:36 By Kyrie Dichosa 1 min. read

US personal consumption expenditures increased by $190.8 billion, or 0.9%, in August 2026, exceeding expectations for a 0.8% rise and accelerating from a 0.1% gain in July.

Goods spending rose $114.1 billion, driven by higher spending on nondurable goods, including other nondurable goods (up $24.7 billion), gasoline and other energy goods (up $20.9 billion), and food and beverages (up $11.6 billion), while durable goods spending increased $48 billion.

Meanwhile, spending on services increased $76.7 billion, led by higher spending on food services and accommodations (up $20.6 billion), other services (up $18.7 billion) and health care (up $15.1 billion), partly offset by lower recreation services spending (down $10.3 billion).

Meanwhile, personal income rose 0.2%, while disposable personal income increased 0.3%.

Inflation-adjusted consumer spending increased 0.6% in August, accelerating from a 0.1% gain in July.



News Stream
US Consumer Spending Rises More Than Expected
US personal consumption expenditures increased by $190.8 billion, or 0.9%, in August 2026, exceeding expectations for a 0.8% rise and accelerating from a 0.1% gain in July. Goods spending rose $114.1 billion, driven by higher spending on nondurable goods, including other nondurable goods (up $24.7 billion), gasoline and other energy goods (up $20.9 billion), and food and beverages (up $11.6 billion), while durable goods spending increased $48 billion. Meanwhile, spending on services increased $76.7 billion, led by higher spending on food services and accommodations (up $20.6 billion), other services (up $18.7 billion) and health care (up $15.1 billion), partly offset by lower recreation services spending (down $10.3 billion). Meanwhile, personal income rose 0.2%, while disposable personal income increased 0.3%. Inflation-adjusted consumer spending increased 0.6% in August, accelerating from a 0.1% gain in July.
2026-09-30
US Consumer Spending Eases Less Than Expected
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.
2026-08-26
US Consumer Spending Growth Slows in June
US personal spending increased by $65.2 billion, or 0.3%, in June 2026 from the previous month, slowing from an upwardly revised 0.9% gain in May, largely due to a sharp decline in gasoline spending as lower crude oil prices followed peace negotiations between the US and Iran. Goods spending rose $7.0 billion, as a $48.1 billion drop in spending on gasoline and other energy goods was partly offset by higher outlays on motor vehicles and parts (up $17.4 billion) and recreational goods and vehicles (up $13.8 billion). Meanwhile, services spending increased $58.2 billion, driven by health care (up $22.8 billion), financial services and insurance (up $14.0 billion), transportation services (up $7.1 billion), and recreation services (up $6.7 billion). Meanwhile, inflation-adjusted consumer spending advanced 0.4% in June, the same pace as in the previous period.
2026-07-30