GDP components · United States

United States Real Consumer Spending QoQ

The United States Real Consumer Spending QoQ is one part of the national accounts of the United States: what households spend, what businesses invest, what they earn, or how productive workers are.

Importance
Medium
Devise
USD · US dollar
Banque centrale
The Federal Reserve
Influence
AUDUSD · EURUSD · GAUUSD · GBPUSD · NZDUSD · USDCAD · USDCHF · USDCNH

Derniers chiffres

La dernière publication, pour Q3, est parue le 2025-12-23 et s’est établie à 3.5%. C’est plus que 2.5% la fois précédente.

PubliéPourRéelConsensusPrécédent
23 Dec 2025Q33.5%–2.5%

Voir dans le calendrier économique →

Pourquoi c’est important

GDP's headline hides its drivers. Household spending is usually the largest part of demand; investment is the most cyclical and tells you about firms' confidence; productivity and labour costs decide whether growth can continue without inflation.

Mode de calcul

the Bureau of Labor Statistics (prices and jobs), the Bureau of Economic Analysis (GDP, income and spending) and the Census Bureau (retail sales, housing, trade) estimates each component from surveys, tax and trade data, after inflation where noted ("real").

Ce que signifient les variations

  • Strong spending with weak income growth cannot last: watch the savings rate.
  • Productivity growth lets wages rise without pushing up prices; unit labour costs show the opposite.

Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the US dollar and local stocks, and can push bond yields up.

Inférieur aux attentes : A weaker figure than expected points to slowing activity: the US dollar tends to soften and markets price in lower rates.

Un bref historique

The components follow the expenditure approach to GDP set out by Keynesian economics in the 1930s and standardised in the System of National Accounts.

Questions

What is the United States Real Consumer Spending QoQ?

The United States Real Consumer Spending QoQ is one part of the national accounts of the United States: what households spend, what businesses invest, what they earn, or how productive workers are.

What was the latest United States Real Consumer Spending QoQ?

3.5% for Q3, published on 23 December 2025.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.