MoM Change in Personal Consumption Expenditures in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The month-over-month Personal Consumption Expenditures (PCE) measures how much more U.S. consumers have spent in a particular month compared to the previous one. This data is released monthly by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) and is crucial for assessing trends in consumer spending.
This month-to-month data helps to understand how personal consumer spending is fluctuating over a short period. An increase in personal consumer spending indicates that the economy is expanding and consumer purchasing power is increasing. Conversely, a decrease in personal consumer spending suggests that the economy may be stagnating and consumer purchasing power is decreasing.
This data serves as a valuable resource for policymakers to assess consumer spending trends and formulate appropriate economic policies. It is also important for businesses and investors as it provides insights into consumer spending trends and economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
