Personal consumption expenditure in the United States grew by an annualized 1.7 percent in the first six months of 2023, easing from a 4.2 percent rise in the previous period and beating preliminary reading of 1.6 percent increase, secondary estimates showed. source: U.S. Bureau of Economic Analysis

Real Consumer Spending in the United States averaged 3.34 percent from 1950 until 2023, reaching an all time high of 43.00 percent in the third quarter of 2020 and a record low of -32.10 percent in the second quarter of 2020. This page includes a chart with historical data for the United States Real Consumer Spending QoQ. United States Real Consumer Spending QoQ - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

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United States Real Consumer Spending QoQ



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-27 12:30 PM Real Consumer Spending QoQ Adv Q2 1.6% 4.2% 4.1%
2023-08-30 12:30 PM Real Consumer Spending QoQ 2nd Est Q2 1.7% 4.2% 1.6%
2023-09-28 12:30 PM Real Consumer Spending QoQ Final Q2 4.2% 1.7%


Related Last Previous Unit Reference
GDP Growth Rate 2.10 2.00 percent Jun 2023
GDP Annual Growth Rate 2.60 1.80 percent Jun 2023
GDP Constant Prices 20404.09 20282.80 USD Billion Jun 2023
Gross National Product 20382.26 20303.89 USD Billion Mar 2023
Gross Fixed Capital Formation 3554.50 3512.00 USD Billion Jun 2023
Real Consumer Spending 1.70 4.20 percent Jun 2023
GDP Sales QoQ 2.20 4.20 percent Jun 2023

United States Real Consumer Spending QoQ
In the United States, personal consumption expenditure (PCE) is the primary measure of consumer spending in the U.S. economy. It is the National Income and Product Account (NIPA) final-demand component that measures the value of the goods and services purchased by, or on the behalf of, persons who reside in the United States.
Actual Previous Highest Lowest Dates Unit Frequency
1.70 4.20 43.00 -32.10 1950 - 2023 percent Quarterly
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