US Economy - Consumers
Percentage Change from Previous Month, Seasonally Adjusted, Annual Rate
Percentage change of consumer spending compared to the previous month. Personal Consumption Expenditures (PCE) measures the amount of dollars Americans spend on goods and services. As consumer spending accounts for about two-thirds of domestic spending, it is the primary source of future economic growth.
Source: U.S. Bureau of Economic Analysis, retrieved from FRED, Federal Reserve Bank of St. Louis