United States Consumer Spending  Forecast 2016-2020

Consumer Spending in the United States is expected to be 11732.76 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in the United States to stand at 11852.59 in 12 months time. In the long-term, the United States Consumer Spending is projected to trend around 12151.95 USD Billion in 2020, according to our econometric models.

United States Consumer Spending
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Consumer Spending 11680 11733 11780 11811 11853 12152 USD Billion
United States Consumer Spending Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States Consumer Spending using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United States Consumer Spending - was last predicted on Sunday, April 30, 2017.
United States Consumer Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Confidence 97 95.3 95 94 94 86.7
Retail Sales MoM -0.2 0.2 0.3 0.2 0.29 0.4
Retail Sales YoY 5.2 3 3.1 5.43 5.43 5.44
Retail Sales Ex Autos 0 0.1 0.2 0.31 0.31 0.31
Consumer Spending 11680 11733 11780 11811 11853 12152
Disposable Personal Income 14402 14539 14650 14761 14872 16090
Personal Spending 0.1 0.1 0.32 0.4 0.32 0.5
Personal Income 0.4 0.33 0.33 0.6 0.33 0.33
Personal Savings 5.6 5.54 5.54 5.54 5.54 5.54
Consumer Credit 15.2 17.09 17.21 17.24 17.24 17.24
Private Sector Credit 9133 9195 9256 9314 9368 9794
Bank Lending Rate 3.88 4 3.85 4.25 3.87 5.25
Economic Optimism Index 51.7 52.62 51.48 51 50.79 50.64
Redbook Index 2.3 1.85 1.84 1.84 1.84 1.84
Gasoline Prices 0.61 0.62 0.59 0.57 0.57 0.54
Households Debt To Gdp 79.4 79.5 79.5 80 80.26 82.6
Chain Store Sales 3584 4947 4852 4871 4866 4867