Breaking News

U.S. Real Consumer Spending

Latest Release

Aug 29, 2024

Actual

2.9%

Forecast

2.3%

1.5%

Real Consumer Spending measures the inflation adjusted amount of money spent by households in the US economy.

The spending includes durables, such as washing machines, and non durables, such as food. It is also known as consumption, and is measured monthly.

John Maynard Keynes, the famous British economist, considered consumer spending to be the most important determinant of short-term demand in an economy.

A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.

Importance:

Country:

Currency: USD

Source: US Department of Commerce

Release Date	Time	Actual	Forecast	Previous
Sep 26, 2024 (Q2)	22:30			2.9%
Aug 29, 2024 (Q2)	22:30	2.9%	2.3%	1.5%
Jul 25, 2024 (Q2)	22:30	2.3%		1.5%
Jun 27, 2024 (Q1)	22:30	1.5%	2.0%	3.3%
May 30, 2024 (Q1)	22:30	2.0%	2.5%	3.3%
Apr 25, 2024 (Q1)	22:30	2.5%	2.8%	3.3%

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