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Personal consumption expenditures (PCE): Services (USD million; nominal) - United States - BEA - Quarterly

Latest updates. In the United States, services consumption was 14,319 USD billion (annual rate) in 2025-Q2, compared to 14,123 in 2025-Q1. This constitutes a gain of 1.39 percent.

Sample. There are 314 observations overall in the quarterly time series displayed in the graph above. The time range covered by the series goes from March 1947 to June 2025.

History. Have a look at a few statistics we calculated on the entire sample: services consumption reached its lowest level of 61 billion US dollars (annual rate) in March 1947; it peaked at 14,319 in June 2025; it had an average value of 3,293.

Latest values

Date Value - US dollars (USD) million
2024-12-31 13957416.0
2025-03-31 14122683.0
2025-06-30 14318818.0

Suggestion. For easier exploration, we categorize indicators into data sets and worksheets. By scrolling down, you will find how we arranged further material related to the statistics provided here.

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Series Metadata

Field Value
Description Personal consumption expenditures (PCE): Services
Country United States
Economic concept Flow
Data type Nominal aggregate
Deflation method Current prices
Seasonally adjusted Yes
Rescaling Annual rate
Frequency Quarterly
Unit US dollars (USD) million
Source Bureau of Economic Analysis (BEA)
Source type National statistical agency
Data licence Open Data
Measure type Level

Series in the same data set

Discover the other time series included in this data set.

GDP

Series Name Observations Start Date End Date
Gross domestic product (GDP) (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

Main GDP components

Series Name Observations Start Date End Date
Personal consumption expenditures (PCE) (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Net exports of goods and services (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Government consumption expenditures and gross investment (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

PCE components

Series Name Observations Start Date End Date
Personal consumption expenditures (PCE): Goods (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Personal consumption expenditures (PCE): Goods: Durable goods (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Personal consumption expenditures (PCE): Goods: Nondurable goods (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Personal consumption expenditures (PCE): Services (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

Investment components

Series Name Observations Start Date End Date
Gross private domestic investment: Fixed investment (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Fixed investment: Nonresidential (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Fixed investment: Nonresidential: Structures (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Fixed investment: Nonresidential: Equipment (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Fixed investment: Nonresidential: Intellectual property products (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Fixed investment: Residential (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Change in private inventories (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

Net exports components

Series Name Observations Start Date End Date
Exports (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Exports: Goods (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Exports: Services (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Imports (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Imports: Goods (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Imports: Services (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

Government spending components

Series Name Observations Start Date End Date
Government consumption expenditures and gross investment: Federal (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Government consumption expenditures and gross investment: Federal: National defense (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Government consumption expenditures and gross investment: Federal: Nondefense (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Government consumption expenditures and gross investment: State and local (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30