Consumers · PCE

Consumer spending (PCE)

As of Aug 2026, consumer spending had risen 6.1% from a year earlier, compared with a 12-month change of 5.7% in Jul 2026. The latest value was $22.31T (annual rate).

Source: U.S. Bureau of Economic Analysis via FRED®. Monthly data, seasonally adjusted. Latest observation Aug 2026; snapshot taken Oct 26, 2026, 6:40 PM EDT.

Latest (Aug 2026)

$22.31T

Change from Jul 2026

+0.9%

A year earlier

$21.03T

12-month change

+6.1%

$22.31T Aug 2026 · Billions of dollars, annual rate

$16T$18T$20T$22T20222023202420252026

Billions of dollars, annual rate. Data from Jan 1959 to Aug 2026 (812 observations).

What it measures

Personal consumption expenditures add up what households spend on goods and services, shown as a yearly rate. Consumer spending makes up roughly two-thirds of GDP.

Official title
Personal Consumption Expenditures
Units
Billions of dollars, annual rate
Frequency and adjustment
Monthly, seasonally adjusted
Original source
U.S. Bureau of Economic Analysis
Recent values
DateValueChangeFrom a year ago
Aug 2026$22.31T+0.9%+6.1%
Jul 2026$22.12T+0.1%+5.7%
Jun 2026$22.10T+0.3%+6.2%
May 2026$22.03T+0.8%+6.6%
Apr 2026$21.86T+0.8%+5.8%
Mar 2026$21.69T+0.9%+5.3%
Feb 2026$21.50T+0.6%+5.2%
Jan 2026$21.38T+0.2%+4.8%
Dec 2025$21.34T+0.3%+4.3%
Nov 2025$21.27T+0.4%+5.0%
Oct 2025$21.20T+0.3%+5.2%
Sep 2025$21.13T+0.5%+5.3%

Related indicators

This page shows public economic data for general information. It is not financial advice and does not predict future values.

Sources

FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. Neither the Federal Reserve Bank of St. Louis nor U.S. Bureau of Economic Analysis endorses OpenEcon.