Personal consumption expenditure at constant prices in the US increased by an annualized 3.7% in the third quarter of 2024, slightly above 3.5% in the second estimate, and accelerating from the 2.8% growth recorded in the prior quarter, according to the final estimate. source: U.S. Bureau of Economic Analysis

Real Consumer Spending in the United States averaged 3.34 percent from 1947 until 2024, reaching an all time high of 41.20 percent in the third quarter of 2020 and a record low of -30.60 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 January of 2025.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-27 01:30 PM Real Consumer Spending QoQ 2nd Est Q3 3.5% 2.8% 3.7% 3.7%
2024-12-19 01:30 PM Real Consumer Spending QoQ Final Q3 3.7% 2.8% 3.5% 3.5%
2025-01-30 01:30 PM Real Consumer Spending QoQ Adv Q4 3.7%


Related Last Previous Unit Reference
Full Year GDP Growth 2.90 2.50 percent Dec 2023
GDP Annual Growth Rate 2.70 3.00 percent Sep 2024
GDP Constant Prices 23400.30 23223.90 USD Billion Sep 2024
GDP Growth Rate 3.10 3.00 percent Sep 2024
GDP Sales 3.30 1.90 percent Sep 2024
Gross Fixed Capital Formation 4277.70 4255.70 USD Billion Sep 2024
Gross National Product 23427.70 23288.70 USD Billion Sep 2024
Real Consumer Spending 3.70 2.80 percent Sep 2024

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
3.70 2.80 41.20 -30.60 1947 - 2024 percent Quarterly
SA