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) measures how much U.S. personal consumption has increased or decreased compared to the previous quarter. This data is released quarterly by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA), and it presents the final numbers after adjustments based on revised estimates.
The quarter-over-quarter data is useful for understanding how personal consumption is fluctuating over a short period. An increase in personal consumption indicates economic expansion and suggests that consumer spending enthusiasm is rising. Conversely, a decrease in personal consumption points to potential economic stagnation and a decrease in consumer spending enthusiasm.
This data serves as a critical reference for policymakers to assess trends in personal consumption and to formulate appropriate economic policies. It also acts as an essential source of information for businesses and investors to understand trends in personal consumption and to forecast economic conditions.
| 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 | ||
