Household final consumption expenditure; PPP (US dollar) in the United States

The Household final consumption expenditure; PPP (US dollar) in the United States was last reported at 10245600000000.00 in 2010, according to a World Bank report released in 2011. The Household final consumption expenditure; PPP (US dollar) in the United States was 9866100000000.00 in 2009, according to a World Bank report, published in 2010. The Household final consumption expenditure; PPP (US dollar) in the United States was reported at 10035500000000.00 in 2008, according to the World Bank. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates.This page includes a historical data chart, news and forecasts for Household final consumption expenditure; PPP (US dollar) in the United States. The economy of the United States is the largest in the world. The United States is a market-oriented economy where private individuals and business firms make most of the decisions,. The federal and state governments buy needed goods and services predominantly in the private marketplace.

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