Definition
The value of goods and services bought by, or for, US households each month. Released alongside the PCE (Personal Consumption Expenditures) price index.
The story
Every grocery run, rent check, streaming subscription and doctor visit across the country, added up. It's the economy's biggest engine, so when it slows, the whole economy feels it.
Why markets watch it
Consumer spending drives US growth.
Connects to
We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice. All terms