US Personal Spending m/m
Consumer spending accounts for a majority of overall economic activity. It's one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy;
This is significant data, though it tends to have a relatively mild impact because Retail Sales, which also covers consumer spending, is released about 2 weeks earlier;
- US Personal Spending m/m Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jan 31, 2025 | 0.7% | 0.5% | 0.6% |
Dec 20, 2024 | 0.4% | 0.5% | 0.3% |
Nov 27, 2024 | 0.4% | 0.4% | 0.6% |
Oct 31, 2024 | 0.5% | 0.4% | 0.3% |
Sep 27, 2024 | 0.2% | 0.3% | 0.5% |
Aug 30, 2024 | 0.5% | 0.5% | 0.3% |
Jul 26, 2024 | 0.3% | 0.3% | 0.4% |
Jun 28, 2024 | 0.2% | 0.3% | 0.1% |
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- US Personal Spending m/m News
- From bea.gov|Jan 31, 2025|1 comment
Personal income increased $92.0 billion (0.4 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $79.7 billion (0.4 percent) and personal consumption expenditures (PCE) increased $133.6 billion (0.7 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $129.5 billion in December. Personal saving was $843.2 billion in ...
- From bea.gov|Dec 20, 2024|1 comment
Personal income increased $71.1 billion (0.3 percent at a monthly rate) in November, according to estimates released today by the U.S. Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $61.1 billion (0.3 percent) and personal consumption expenditures (PCE) increased $81.3 billion (0.4 percent). The PCE price index increased 0.1 percent. Excluding food and energy, the PCE price index increased 0.1 percent (table 5). Real DPI increased 0.2 percent in ...
- From economics.bmo.com|Nov 27, 2024
U.S. PCE inflation heated up a touch in October, in-line with our forecasts and the consensus. PCE inflation increased 0.238% in October up from 0.180% in September with the year-on-year inflation rate increasing to 2.3% from 2.1% in the prior month. Core PCE inflation, the Federal Reserve’s preferred measure of consumer inflation, increased 0.273% at the three-digit level up from 0.261% in September with the year-on-year inflation rate inching up to 2.8% from 2.7% in September and 2.6% in June (the low for the year). No surprises on ...
- From bea.gov|Nov 27, 2024
Personal income increased $147.4 billion (0.6 percent at a monthly rate) in October, according to estimates released today by the U.S. Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $144.1 billion (0.7 percent) and personal consumption expenditures (PCE) increased $72.3 billion (0.4 percent). The PCE price index increased 0.2 percent in October (table 5). Excluding food and energy, the PCE price index increased 0.3 percent. Real DPI increased 0.4 ...
- From bnnbloomberg.ca|Nov 24, 2024
US inflation figures in the coming week that are seen showing stubborn price pressures will reinforce the Federal Reserve’s cautionary posture toward future interest-rate cuts. The personal consumption expenditures price index excluding food and energy — the Fed’s preferred measure of underlying inflation — is projected to have risen by 0.3% in October from September, and by 2.8% from a year earlier, in what would be the largest advance since April. The report is also expected to reveal resilient household spending and steady income ...
- From economics.bmo.com|Oct 31, 2024
The sugar-high for American consumers continues amid rising employment, incomes and wealth. And, with the Fed still poised to cut rates next week, shoppers should remain energized for some time. Personal spending jumped 0.5% in September, more than expected, and the monthly pace doubled to 0.4% in real terms, suggesting strong momentum heading into Q4 after an annualized 3.7% gain in Q3. Goods spending led the way, though services were also decent, even for discretionary items such as accommodations and food services. A strong job ...
- From bnnbloomberg.ca|Oct 31, 2024
The Federal Reserve’s preferred measure of underlying US inflation posted its biggest monthly gain since April, bolstering the case for a slower pace of interest-rate cuts following last month’s outsize reduction. The so-called core personal consumption expenditures price index, which strips out volatile food and energy items, increased 0.3% in September, and 2.7% from a year earlier, according to Bureau of Economic Analysis data out Thursday. Overall inflation was 2.1%, the lowest since early 2021 and just above the central bank’s ...
- From bea.gov|Oct 31, 2024|6 comments
Personal income increased $71.6 billion (0.3 percent at a monthly rate) in September, according to estimates released today by the U.S. Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $57.4 billion (0.3 percent) and personal consumption expenditures (PCE) increased $105.8 billion (0.5 percent). The PCE price index increased 0.2 percent. Excluding food and energy, the PCE price index increased 0.3 percent (table 5). Real DPI increased 0.1 percent in ...
Released on Jan 31, 2025 |
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Released on Dec 20, 2024 |
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Released on Nov 27, 2024 |
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Released on Oct 31, 2024 |
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