GDP & growth · PCECC96

Real consumer spending (GDP)

As of Q2 2026, the real consumer spending (GDP) had risen 2.5% from a year earlier, compared with a 12-month change of 2.1% in Q1 2026. The latest value was $16.79T.

Source: U.S. Bureau of Economic Analysis via FRED®. Quarterly data, seasonally adjusted. Latest observation Q2 2026; snapshot taken Oct 27, 2026, 2:15 AM EDT.

Latest (Q2 2026)

$16.79T

Change from Q1 2026

+0.9%

A year earlier

$16.38T

12-month change

+2.5%

$16.79T Q2 2026 · Billions of chained 2017 dollars

$14.5T$15.0T$15.5T$16.0T$16.5T$17.0T20222023202420252026

Billions of chained 2017 dollars. Data from Q1 1947 to Q2 2026 (318 observations).

What it measures

This is personal consumption expenditures adjusted for inflation, the part of real GDP spent by households. It is the largest part of GDP.

Official title
Real Personal Consumption Expenditures
Units
Billions of chained 2017 dollars
Frequency and adjustment
Quarterly, seasonally adjusted
Original source
U.S. Bureau of Economic Analysis
Recent values
DateValueChangeFrom a year ago
Q2 2026$16.79T+0.9%+2.5%
Q1 2026$16.63T+0.2%+2.1%
Q4 2025$16.60T+0.5%+2.1%
Q3 2025$16.53T+0.9%+2.7%
Q2 2025$16.38T+0.5%+2.7%
Q1 2025$16.29T+0.2%+3.1%
Q4 2024$16.27T+1.0%+3.4%
Q3 2024$16.10T+0.9%+3.1%
Q2 2024$15.95T+1.0%+2.9%
Q1 2024$15.80T+0.4%+2.1%
Q4 2023$15.73T+0.8%+2.8%
Q3 2023$15.61T+0.7%+2.2%

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.