Annualized QoQ Change in Final Quarterly GDP Personal Consumption 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 final quarterly GDP personal consumption figure (quarter-over-quarter annualized) measures the rate at which U.S. personal consumption has increased or decreased compared to the previous quarter, adjusted to an annual rate. This data is published quarterly by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA), and it reflects the final numbers based on revised values.
The data on an annualized quarter-over-quarter basis helps in understanding how personal consumption fluctuates over short periods. An increase in personal consumption indicates that the economy is expanding and suggests an increase in consumer spending enthusiasm. Conversely, a decrease in personal consumption suggests that the economy may be stagnating and consumer spending enthusiasm may be decreasing.
This information is crucial for policymakers to assess personal consumption trends and to devise appropriate economic policies. It also serves as a vital source for businesses and investors to gauge personal consumption trends and economic outlook.
| 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 | ||
