Macro Dashboard

Consumer Spending

Monthly BEA data on personal consumption expenditures — raw dollar levels, composition, and monthly changes straight from the NIPA release.

Coverage

Jan '19Dec '25

Latest published BEA data

Start with the dollar-level composition to see the scale and structure of US consumer spending, then drill into monthly changes and category detail. All values are seasonally adjusted annual rates (SAAR) in billions unless noted otherwise.

Real PCE

$15.5T

Dec '25 · SAAR, chained 2017$

Nominal PCE

$21.5T

Dec '25 · SAAR, current $

Monthly $ Change

+$36.8B

Real, Dec '25 vs Nov '25

Real MoM

+0.24%

vs +0.17% 12-mo avg

Spending Composition

Where the consumer dollar goes.

Services dominate US consumer spending at roughly 70% of the total. The stacked area shows how each major type has evolved in real dollar terms.

PCE Composition

Real personal consumption expenditures by major type of product — durable goods, nondurable goods, and services (SAAR, chained 2017$, billions)

Total PCE

$15.5T · Dec '25

Click to toggle

Source: BEA NIPA Table T20305 (Real PCE), chained 2017$, SAAR · Hover or tap for detail

Spending Trend

How much did spending change this month?

Monthly dollar changes in real PCE — the raw signal from the BEA release. Use the tabs to see dollar contribution by type or the traditional percentage view.

Contribution to Monthly Change

How much each spending type contributed to the monthly dollar change in real PCE (SAAR, billions)

ServicesNondurableDurable

Source: BEA NIPA Table T20305 (Real PCE), chained 2017$, SAAR · Hover or tap for detail

Category Detail

The dollar size and momentum of each category.

Housing and health care are the largest spending categories by dollar value. Use the tabs to compare levels, percentage changes, and breadth over time.

Strongest 3M Avg

Clothing & Footwear

+1.06% avg MoM through Dec '25

Weakest 3M Avg

Gasoline & Energy

-0.74% avg MoM through Dec '25

Category Spending Levels

Real spending level by category — where the consumer dollar actually goes (SAAR, chained 2017$, billions)

Total PCE

$15.5T

Dec '25 · 13 categories

Housing & Utilities$2989.9BHealth Care$2564.9BOther Services$1602.9BFinancial Svcs & Ins.$1302.3BFood & Beverages$1235.6BFood Svcs & Accomm.$1079.0BMotor Vehicles$713.9BRecreation Services$640.3BGasoline & Energy$553.4BTransportation Svcs$539.4BClothing & Footwear$455.3BRecreation Goods$453.9BFurnishings & HH Equip.$400.1B

Source: BEA NIPA Table T20305 (Real PCE), chained 2017$, SAAR, Dec '25 · Sorted by level · Hover or tap for detail

Spending Trajectories

The bigger picture in dollar terms.

Goods vs services dollar trajectories show the post-COVID composition shift. Cumulative growth reveals how much total spending has expanded since key reference points.

Goods vs Services Spending

Real spending levels for goods and services — the composition shift that defines the post-COVID consumer (SAAR, chained 2017$, billions)

Click to toggle

Source: BEA NIPA Table T20305 (Real PCE), chained 2017$, SAAR · Hover or tap for detail

Cumulative Dollar Growth

Cumulative dollar gain in real spending since baseline — how much the consumer economy has grown in absolute terms (SAAR, chained 2017$, billions)

Cumulative gain

+$1915.1B since Jan '20

Click to toggle

Source: BEA NIPA Table T20305 (Real PCE), chained 2017$, SAAR · Baseline = Jan '20

Monthly Summary

The numbers behind the charts.

Raw data for each month — real and nominal spending levels, month-over-month and year-over-year growth rates, and the goods-services breakdown.

Monthly Summary

Recent consumer spending data at a glance

MonthReal PCENominalReal MoM%Nom MoM%Real YoY%Goods YoY%Svcs YoY%
Dec '25$15472.5B$21547.6B+0.24%+0.47%+2.1%+2.1%+2.1%
Nov '25$15435.7B$21445.8B+0.22%+0.46%+2.0%+2.0%+2.0%
Oct '25$15401.9B$21348.5B+0.14%+0.38%+2.0%+2.0%+2.0%
Sep '25$15380.5B$21268.6B+0.40%+0.63%+2.2%+2.2%+2.2%
Aug '25$15319.7B$21134.4B-0.03%+0.21%+2.1%+2.1%+2.1%
Jul '25$15324.3B$21090.7B+0.06%+0.30%+2.3%+2.3%+2.3%
Jun '25$15315.0B$21027.7B-0.10%+0.14%+2.5%+2.5%+2.5%
May '25$15329.7B$20997.8B+0.10%+0.34%+2.4%+2.4%+2.4%
Apr '25$15314.1B$20926.4B+0.18%+0.42%+2.0%+2.0%+2.0%
Mar '25$15286.3B$20838.4B+0.15%+0.39%+2.1%+2.1%+2.1%
Feb '25$15263.0B$20756.7B+0.30%+0.54%+1.9%+1.9%+1.9%
Jan '25$15217.7B$20645.4B+0.40%+0.64%+2.4%+2.4%+2.4%
Dec '24$15157.4B$20514.0B+0.15%+0.40%+2.1%+2.1%+2.1%
Nov '24$15134.2B$20433.1B+0.26%+0.50%+2.4%+2.4%+2.4%
Oct '24$15095.2B$20331.1B+0.26%+0.51%+2.8%+2.8%+2.8%
Sep '24$15055.4B$20228.2B+0.32%+0.57%+2.5%+2.5%+2.5%
Aug '24$15006.7B$20113.7B+0.18%+0.43%+2.4%+2.4%+2.4%
Jul '24$14979.6B$20028.4B+0.24%+0.48%+2.3%+2.3%+2.3%
Jun '24$14944.2B$19932.2B-0.18%+0.07%+2.1%+2.1%+2.1%
May '24$14970.4B$19918.1B-0.28%-0.03%+1.9%+1.9%+1.9%
Apr '24$15011.9B$19924.3B+0.28%+0.53%+2.6%+2.6%+2.6%
Mar '24$14970.0B$19819.8B-0.08%+0.17%+2.5%+2.5%+2.5%
Feb '24$14981.5B$19786.0B+0.83%+1.08%+2.8%+2.8%+2.8%
Jan '24$14858.8B$19575.3B+0.09%+0.34%+2.0%+2.0%+2.0%

Source: BEA NIPA Tables T20305 & T20301, seasonally adjusted · Real = chained 2017$

Methodology & Sources

Data from BEA NIPA Tables T20305 (Real Personal Consumption Expenditures by Major Type of Product) and T20301 (Nominal PCE). Real values are in chained 2017 dollars, billions, seasonally adjusted at annual rates (SAAR). Nominal values are in current dollars, billions, SAAR. MoM% computed as (curr/prev − 1) × 100. YoY% computed as (curr/prev12 − 1) × 100. Dollar changes are computed as the difference in monthly SAAR levels. PCE data is released on the last business day of each month by the Bureau of Economic Analysis. Data is automatically refreshed via GitHub Actions during each release window.