Consumers · PCES
Spending on services
As of Aug 2026, the spending on services had risen 5.9% from a year earlier, compared with a 12-month change of 5.9% in Jul 2026. The latest value was $15.36T.
Source: U.S. Bureau of Economic Analysis via FRED®. Monthly data, seasonally adjusted. Latest observation Aug 2026; snapshot taken Oct 27, 2026, 2:15 AM EDT.
Latest (Aug 2026)
$15.36T
Change from Jul 2026
+0.5%
A year earlier
$14.50T
12-month change
+5.9%
$15.36T Aug 2026 · Billions of dollars
Billions of dollars. Data from Jan 1959 to Aug 2026 (812 observations).
What it measures
This is consumer spending on services such as housing, health care, transportation, recreation and financial services, in current dollars at an annual rate. Services are about two-thirds of consumer spending.
- Official title
- Personal Consumption Expenditures: Services
- Units
- Billions of dollars
- Frequency and adjustment
- Monthly, seasonally adjusted
- Original source
- U.S. Bureau of Economic Analysis
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| Date | Value | Change | From a year ago |
|---|---|---|---|
| Aug 2026 | $15.36T | +0.5% | +5.9% |
| Jul 2026 | $15.28T | +0.4% | +5.9% |
| Jun 2026 | $15.22T | +0.5% | +6.2% |
| May 2026 | $15.15T | +0.9% | +6.3% |
| Apr 2026 | $15.02T | +0.8% | +5.8% |
| Mar 2026 | $14.91T | +0.4% | +5.5% |
| Feb 2026 | $14.86T | +0.2% | +5.8% |
| Jan 2026 | $14.83T | +0.5% | +5.6% |
| Dec 2025 | $14.75T | +0.4% | +5.4% |
| Nov 2025 | $14.69T | +0.3% | +5.8% |
| Oct 2025 | $14.65T | +0.5% | +6.0% |
| Sep 2025 | $14.58T | +0.5% | +6.2% |
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This page shows public economic data for general information. It is not financial advice and does not predict future values.
Sources
- U.S. Bureau of Economic Analysis, Personal Consumption Expenditures: Services [PCES], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PCES, Oct 27, 2026.
- View PCES on FRED® · U.S. Bureau of Economic Analysis
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.