US Real Consumer Spending Rises Most in 17 Months

2026-09-30 12:42 By Kyrie Dichosa 1 min. read

Inflation-adjusted US personal spending increased 0.6% month-on-month in August 2026, the most since March 2025, accelerating from a 0.1% rise in July.

Goods spending rose 1.3%, reversing a 0.5% decline in the prior month, driven by higher spending on motor vehicles and parts (2.6% vs -0.8%), recreational goods and vehicles (1.9% vs -2.7%) and other nondurable goods (1.5% vs -0.3%).

In contrast, spending on gasoline and other energy goods stalled after rising 0.3% previously.

Meanwhile, services spending increased 0.2%, slowing from a 0.3% rise, amid higher spending on food services and accommodations (0.8% vs 0.4%), financial services and insurance (0.3% vs -0.1%) and transportation services (0.2% vs 0.4%), while recreation services declined 1.1% following a 0.2% increase.

In turn, spending on housing and utilities edged up 0.1%, unchanged from July.



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US Real Consumer Spending Rises Most in 17 Months
Inflation-adjusted US personal spending increased 0.6% month-on-month in August 2026, the most since March 2025, accelerating from a 0.1% rise in July. Goods spending rose 1.3%, reversing a 0.5% decline in the prior month, driven by higher spending on motor vehicles and parts (2.6% vs -0.8%), recreational goods and vehicles (1.9% vs -2.7%) and other nondurable goods (1.5% vs -0.3%). In contrast, spending on gasoline and other energy goods stalled after rising 0.3% previously. Meanwhile, services spending increased 0.2%, slowing from a 0.3% rise, amid higher spending on food services and accommodations (0.8% vs 0.4%), financial services and insurance (0.3% vs -0.1%) and transportation services (0.2% vs 0.4%), while recreation services declined 1.1% following a 0.2% increase. In turn, spending on housing and utilities edged up 0.1%, unchanged from July.
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US Real Consumer Spending Stalls in July
Inflation-adjusted US personal spending was unchanged month-on-month in July 2026, following a 0.4% increase in June. Goods spending declined 0.6%, reversing a 0.6% rise in the previous month, driven by weaker spending on gasoline and other energy goods (-0.1% vs 2.5%), motor vehicles and parts (-1.6% vs 1.2%), and recreational goods and vehicles (-2.9% vs 0.1%). Meanwhile, services spending rose 0.3%, although slowing from a 0.4% increase in June, as spending growth moderated in healthcare (0.4% vs 0.6%), transportation (0.6% vs 0.8%), recreation (0.1% vs 1.3%), and financial services and insurance (0.1% vs 0.7%). Spending on housing and utilities services edged up 0.1%, following a flat reading in June.
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US Real Consumer Spending Holds Steady at 0.4% in June
Inflation-adjusted US personal spending rose 0.4% month-over-month in June 2026, matching May's pace. Goods spending accelerated to 0.7% from 0.6%, driven by stronger gains in motor vehicles and parts (2.2% vs. 1.9%), gasoline and other energy goods (0.7% vs. -3.3%), and clothing and footwear (1.3% vs. 0.9%). Meanwhile, services spending increased 0.3%, unchanged from May. Faster growth in recreation services (0.9% vs. 0.2%) and financial services and insurance (0.6% vs. 0.4%) offset slower gains in food services and accommodations (0.3% vs. 0.9%) and housing and utilities (0.0% vs. 0.2%). Spending on health care and transportation services remained steady at 0.3% each.
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