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

Latest updates. In the United States, personal consumption expenditures were 20,790 billion US dollars (annual rate) in 2025-Q2, compared to 20,555 in 2025-Q1. This represents an increase of 1.14 percent.

Sample. In this quarterly time series, there are a total of 314 observations. The series covers the period extending from March 1947 to June 2025.

History. Check out a few statistics we calculated on the entire sample: personal consumption expenditures recorded their maximum of 20,790 billion US dollars (annual rate) in June 2025; they reached a minimum of 156 in March 1947; they were equal on average to 5,056.

Latest values

Date Value - US dollars (USD) million
2024-12-31 20351292.0
2025-03-31 20554984.0
2025-06-30 20789926.0

Tip. We group series into worksheets and datasets to simplify complex analyses. Scrolling downwards, you will find how we structured further material related to the statistics published here.

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Series Metadata

Field Value
Description Personal consumption expenditures (PCE)
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