Annualized QoQ Change in Preliminary 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 preliminary quarterly GDP personal consumption figure (annualized quarter-over-quarter) measures the rate at which U.S. personal consumption has increased or decreased compared to the previous quarter, annualized for a full year. This data is published quarterly by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA), providing an initial estimate.
The annualized quarter-over-quarter data helps gauge short-term fluctuations in personal consumption. An increase indicates economic expansion and suggests growing consumer spending enthusiasm. Conversely, a decrease points to potential economic stagnation and a decline in consumer purchasing desire.
This data serves as a crucial reference for policymakers to assess trends in personal consumption and to formulate appropriate economic policies. It is also an essential resource for businesses and investors for understanding consumer behavior and forecasting 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 | ||
