Real personal spending in the US, which adjusts consumer outlays for inflation, rose 0.1% month-over-month in January 2026, matching the pace of the previous two months and slightly exceeding market expectations of no growth. The data indicate that consumer spending remained subdued as high inflation continued to weigh on households, particularly in the wake of the holiday season. Goods spending fell 0.4%, led by weaker purchases of motor vehicles (-3.2%) and recreational goods (-0.5%), while nondurables were flat, with gains in food (+0.3%) offset by declines in clothing (-1.0%) and gasoline (-0.2%). Meanwhile, services consumption rose 0.3%, supported by higher spending on housing and utilities (+0.4%), health care (+0.4%), financial services and insurance (+0.6%), and other services (+0.3%). source: U.S. Bureau of Economic Analysis
Real Personal Spending MoM in the United States averaged 0.27 percent from 1959 until 2026, reaching an all time high of 8.30 percent in May of 2020 and a record low of -10.90 percent in April of 2020. United States Real Personal Spending MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.