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 (quarter-over-quarter) measures the extent to which 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), providing an initial estimate.
This quarter-over-quarter data is useful for understanding how personal consumption fluctuates over short periods. An increase in personal consumption indicates economic expansion and suggests rising consumer spending enthusiasm. Conversely, a decrease indicates potential economic stagnation and a decline in consumer purchasing desire.
This information is vital for policymakers to assess personal consumption trends and formulate appropriate economic policies. It also serves as a critical resource for businesses and investors to gauge consumer behavior 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 | ||
