US personal spending rose by 0.7% month-on-month in May 2026, or $156.1 billion, accelerating from a downwardly revised 0.4% increase in April and beating market expectations of a 0.6% gain. Spending on goods rose by $61.8 billion, primarily driven by a $21 billion surge in gasoline and other energy goods amid soaring energy prices tied to the Middle East conflict. Additional gains were seen in recreational goods and vehicles ($7 billion), motor vehicles and parts ($5.3 billion), food and beverages ($4.6 billion), and other nondurable goods ($13.7 billion). Spending on services climbed by $94.3 billion, led by financial services and insurance ($28.4 billion), housing and utilities ($22.3 billion), and health care ($22.3 billion). Meanwhile, inflation-adjusted consumer spending increased 0.3% in May, after a flat reading in April. source: U.S. Bureau of Economic Analysis

Personal Spending in the United States increased 0.70 percent in May of 2026 over the previous month. Personal Spending in the United States averaged 0.53 percent from 1959 until 2026, reaching an all time high of 8.40 percent in May of 2020 and a record low of -11.30 percent in April of 2020. This page provides the latest reported value for - United States Personal Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Personal Spending - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Personal Spending in the United States increased 0.70 percent in May of 2026 over the previous month. Personal Spending in the United States is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Personal Spending is projected to trend around 0.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-28 12:30 PM
Personal Spending MoM
Apr 0.5% 1% 0.5% 0.6%
2026-06-25 12:30 PM
Personal Spending MoM
May 0.7% 0.4% 0.6% 0.7%
2026-07-30 12:30 PM
Personal Spending MoM
Jun 0.7% 0.2%


Related Last Previous Unit Reference
Consumer Spending 16687.70 16665.20 USD Billion Mar 2026
Disposable Personal Income 23472.20 23492.10 USD Billion Apr 2026
Personal Income MoM 0.70 0.00 percent May 2026
Personal Savings 3.00 3.00 percent May 2026
Personal Spending MoM 0.70 0.40 percent May 2026
Real Personal Spending MoM 0.30 0.00 percent May 2026


United States Personal Spending
Personal consumption expenditures (PCE) is the primary measure of consumer spending on goods and services in the U.S. economy. 1 It accounts for about two-thirds of domestic final spending, and thus it is the primary engine that drives future economic growth. PCE shows how much of the income earned by households is being spent on current consumption as opposed to how much is being saved for future consumption. PCE also provides a comprehensive measure of types of goods and services that are purchased by households. Thus, for example, it shows the portion of spending that is accounted for by discretionary items, such as motor vehicles, or the adjustments that consumers make to changes in prices, such as a sharp run-up in gasoline prices.
Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.40 8.40 -11.30 1959 - 2026 percent Monthly
Current Prices, SA

News Stream
US Consumer Spending Rises More than Expected
US personal spending rose by 0.7% month-on-month in May 2026, or $156.1 billion, accelerating from a downwardly revised 0.4% increase in April and beating market expectations of a 0.6% gain. Spending on goods rose by $61.8 billion, primarily driven by a $21 billion surge in gasoline and other energy goods amid soaring energy prices tied to the Middle East conflict. Additional gains were seen in recreational goods and vehicles ($7 billion), motor vehicles and parts ($5.3 billion), food and beverages ($4.6 billion), and other nondurable goods ($13.7 billion). Spending on services climbed by $94.3 billion, led by financial services and insurance ($28.4 billion), housing and utilities ($22.3 billion), and health care ($22.3 billion). Meanwhile, inflation-adjusted consumer spending increased 0.3% in May, after a flat reading in April.
2026-06-25
US Personal Spending Rises 0.5% in April
US personal spending increased by 0.5% month-on-month in April 2026, or $111.1 billion, slowing from an upwardly revised 1% gain in March and matching market expectations. Spending on goods rose by $44.0 billion, primarily driven by a $28.8 billion surge in gasoline and other energy goods amid soaring energy prices tied to the Middle East conflict. Additional gains were seen in food and beverages ($9.5 billion), other nondurable goods ($8.2 billion), and recreational goods and vehicles ($8.1 billion), while motor vehicle spending fell by $9.2 billion. Spending on services climbed by $67.2 billion, led by housing and utilities ($22.7 billion), recreation services ($12.1 billion), food services and accommodations ($11.3 billion), and final expenditures of nonprofit institutions ($9.9 billion). Meanwhile, inflation-adjusted consumer spending edged up 0.1% in April, slowing from an upwardly revised 0.3% increase in March.
2026-05-28
US Personal Spending Matches Expectations
US personal spending rose by 0.9% month-on-month in March 2026, reaching $195.4 billion, accelerating from an upwardly revised 0.6% increase in February and matching market expectations. The increase was primarily driven by stronger goods spending ($132.6 billion), particularly in gasoline and other energy goods (+$81.3 billion), motor vehicles and parts (+$17.6 billion), other non-durable goods (+$9.9 billion), food and beverages (+$6.9 billion), and recreational goods and vehicles (+$6.3 billion). Spending on services also increased to $62.9 billion, led by health care (+$21.3 billion), financial services and insurance (+$14.6 billion), transportation services (+$6.7 billion), and other services (+$6.6 billion). Meanwhile, inflation-adjusted consumer spending edged down to 0.2%, from an upwardly revised 0.3% in February.
2026-04-30