Annualized QoQ Change in Revised 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 revised 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. This data is released quarterly by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA), and it provides final figures based on initial estimates.
The annualized quarter-over-quarter data helps gauge how personal consumption is fluctuating over a short period on an annualized basis. An increase in personal consumption suggests economic expansion and an increase in consumer spending enthusiasm. Conversely, a decrease in personal consumption indicates a potential economic stagnation and a decline in consumer spending enthusiasm.
This data serves as a crucial reference for policymakers to assess personal consumption trends and formulate appropriate economic policies. It also acts as a vital source of information for businesses and investors to understand personal consumption trends and 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 | ||
