Real Consumer Spending in the United States increased to 3.10 percent in the first quarter of 2022 from 2.50 percent in the fourth quarter of 2021. Real Consumer Spending in the United States averaged 3.35 percent from 1950 until 2022, reaching an all time high of 41.40 percent in the third quarter of 2020 and a record low of -33.40 percent in the second quarter of 2020. 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. This page includes a chart with historical data for the United States Real Consumer Spending QoQ.
🏄 𝗽𝗼𝘄𝗲𝗿𝗲𝗱 𝗯𝘆 𝗦𝘂𝗿𝗳𝗶𝗻𝗴 𝗪𝗮𝘃𝗲𝘀!