Personal spending in the US increased 0.4% month-over-month in February 2025, rebounding from a downwardly revised 0.3% fall in January but falling short of market expectations of a 0.5% gain. Spending on goods went up $56.3 billion and that on services rose $31.5 billion. Biggest increases were seen in spending on financial services and insurance ($15 billion), health care ($13.6 billion), motor vehicles and parts ($12.7 billion), food and beverages ($10 billion) and recreational goods and vehicles ($9.9 billion). In contrast, decreases were seen in spending for gasoline and other energy goods ($-6.3 billion), food services and accommodations ($-15 billion), and final expenditures of nonprofit institutions ($-15.8 billion). source: U.S. Bureau of Economic Analysis

Personal Spending in the United States increased 0.40 percent in February of 2025 over the previous month. Personal Spending in the United States averaged 0.53 percent from 1959 until 2025, reaching an all time high of 8.30 percent in May of 2020 and a record low of -11.40 percent in April of 2020. This page provides the latest reported value for - United States Personal Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Personal Spending - data, historical chart, forecasts and calendar of releases - was last updated on April of 2025.

Personal Spending in the United States increased 0.40 percent in February of 2025 over the previous month. Personal Spending in the United States is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Personal Spending is projected to trend around 0.30 percent in 2026 and 0.50 percent in 2027, according to our econometric models.

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MarMayJulSepNov2025
U.S. Bureau of Economic Analysis


Calendar GMT Reference Actual Previous Consensus TEForecast
2025-02-28 01:30 PM
Personal Spending MoM
Jan -0.2% 0.8% 0.1% 0.3%
2025-03-28 12:30 PM
Personal Spending MoM
Feb 0.4% -0.3% 0.5% 0.5%
2025-04-30 12:30 PM
Personal Spending MoM
Mar 0.3%


Related Last Previous Unit Reference
Consumer Spending 16273.20 16113.00 USD Billion Dec 2024
Disposable Personal Income 22209.80 22015.60 USD Billion Jan 2025
Personal Income MoM 0.80 0.70 percent Feb 2025
Personal Savings 4.60 4.30 percent Feb 2025
Personal Spending MoM 0.40 -0.30 percent Feb 2025

United States Personal Spending
Personal consumption expenditures (PCE) is the primary measure of consumer spending on goods and services in the U.S. economy. 1 It accounts for about two-thirds of domestic final spending, and thus it is the primary engine that drives future economic growth. PCE shows how much of the income earned by households is being spent on current consumption as opposed to how much is being saved for future consumption. PCE also provides a comprehensive measure of types of goods and services that are purchased by households. Thus, for example, it shows the portion of spending that is accounted for by discretionary items, such as motor vehicles, or the adjustments that consumers make to changes in prices, such as a sharp run-up in gasoline prices.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 -0.30 8.30 -11.40 1959 - 2025 percent Monthly
Current Prices, SA


News Stream
US Personal Spending Below Forecasts
Personal spending in the US increased 0.4% month-over-month in February 2025, rebounding from a downwardly revised 0.3% fall in January but falling short of market expectations of a 0.5% gain. Spending on goods went up $56.3 billion and that on services rose $31.5 billion. Biggest increases were see...n in spending on financial services and insurance ($15 billion), health care ($13.6 billion), motor vehicles and parts ($12.7 billion), food and beverages ($10 billion) and recreational goods and vehicles ($9.9 billion). In contrast, decreases were seen in spending for gasoline and other energy goods ($-6.3 billion), food services and accommodations ($-15 billion), and final expenditures of nonprofit institutions ($-15.8 billion). more
2025-03-28
US Personal Spending Falls for First Time in Almost 2 Years
Personal consumption expenditures (PCE) in the United States fell by 0.2% month-on-month in January 2025, following an upwardly revised 0.8% increase in December and missing market expectations of a 0.1% gain likely impacted by severe weather. This marked the first decline in consumer spending since... March 2023, primarily driven by a drop in spending on goods (-1.2% vs. 1.2% in December). Spending on durable goods plummeted by 3.0% (vs. 1.3% in December) mostly due to a sharp drop in car purchases, while spending on nondurable goods edged down by 0.2% (vs. 1.2% in December). Additionally, spending on services increased at a slower pace of 0.3%, compared to 0.7% the previous month. more
2025-02-28
US Personal Spending Rises More than Expected
Personal spending in the United States rose by 0.7% from the previous month to an annualized rate of $20.387 trillion in December of 2024, following an upwardly revised 0.6% increase in November and beating market expectations of a 0.5% expansion. Consumer expenditures accelerated in services (0.6% ...vs 0.4%) and non-durable goods (1% vs 0.3%). On the other hand, spending on durable goods eased (0.6% vs 2.7%). more
2025-01-31