Consumer Spending
Personal Consumption Expenditures
The number, plainly.
Total personal consumption expenditures, the roughly two-thirds of GDP that households spend on goods and services.
Higher, lower, and what each means.
The single biggest engine of the economy. Rising keeps everything else running; a stall shows up in nearly every company's revenue within a quarter.
A reading is not a verdict. The Scan phase of Woodring’s Loop collects the signal; the Story phase asks what futures it is consistent with, and only the Stake phase turns that into a decision. This page does the first part.
The line in your 2027 plan.
Tests: the top-line demand assumption for anyone whose end customer is a household.
Write the assumption down, name the reading that would break it, and put a date on when it has to be argued again. That is the 18-Month Sunset applied to one line of a budget. The Last Annual Planshows what this season’s moves have already done to the common ones.
The last 36 readings.
Most recent first. Every value is as published by FRED at the time of the last refresh; FRED revises some series after the fact.
| Date | Value | Change |
|---|---|---|
| Sep 1, 2026 | $22.45T | +0.5% |
| Aug 1, 2026 | $22.34T | +0.9% |
| Jul 1, 2026 | $22.15T | +0.2% |
| Jun 1, 2026 | $22.10T | +0.3% |
| May 1, 2026 | $22.03T | +0.8% |
| Apr 1, 2026 | $21.86T | +0.8% |
| Mar 1, 2026 | $21.69T | +0.9% |
| Feb 1, 2026 | $21.50T | +0.6% |
| Jan 1, 2026 | $21.38T | +0.2% |
| Dec 1, 2025 | $21.34T | +0.3% |
| Nov 1, 2025 | $21.27T | +0.4% |
| Oct 1, 2025 | $21.20T | +0.3% |
| Sep 1, 2025 | $21.13T | +0.5% |
| Aug 1, 2025 | $21.03T | +0.5% |
| Jul 1, 2025 | $20.93T | +0.6% |
| Jun 1, 2025 | $20.80T | +0.6% |
| May 1, 2025 | $20.67T | +0.1% |
| Apr 1, 2025 | $20.65T | +0.3% |
| Mar 1, 2025 | $20.59T | +0.8% |
| Feb 1, 2025 | $20.44T | +0.2% |
| Jan 1, 2025 | $20.40T | −0.3% |
| Dec 1, 2024 | $20.46T | +1.0% |
| Nov 1, 2024 | $20.25T | +0.5% |
| Oct 1, 2024 | $20.15T | +0.4% |
| Sep 1, 2024 | $20.07T | +0.8% |
| Aug 1, 2024 | $19.91T | +0.2% |
| Jul 1, 2024 | $19.86T | +0.4% |
| Jun 1, 2024 | $19.78T | +0.4% |
| May 1, 2024 | $19.69T | +0.5% |
| Apr 1, 2024 | $19.58T | +0.4% |
| Mar 1, 2024 | $19.51T | +0.7% |
| Feb 1, 2024 | $19.37T | +0.7% |
| Jan 1, 2024 | $19.24T | +0.1% |
| Dec 1, 2023 | $19.21T | +0.4% |
| Nov 1, 2023 | $19.14T | +0.4% |
| Oct 1, 2023 | $19.06T | — |
When Consumer Spending moves, know what it tests.
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Where the number comes from.
Personal Consumption Expenditures (PCE), retrieved from FRED, Federal Reserve Bank of St. Louis: fred.stlouisfed.org/series/PCE. Refreshed daily; 120 readings on file from Oct 1, 2016 to Sep 1, 2026.
Predictive Planning Institute, Signal Library: Consumer Spending (PCE). predictiveplanning.com/signals/PCE. Data via FRED, Federal Reserve Bank of St. Louis. Value $22.45T as of Sep 1, 2026.