Personal Consumption Expenditures
Personal Consumption Expenditures is spending by people on goods and services, reported as Billions of Dollars.
22308.50
Billions of Dollars
Personal Consumption Expenditures — latest reading: 22308.50 billions of dollars. As of August 2026, it is up 6.1% over the past 12 months, well above its 10-year average. Source: PCE, US Bureau of Economic Analysis, published monthly. Reported as published, without transformation; the publisher may revise it. Higher than every one of the other 811 readings since 1959-01-01.
Min
306.10
Max
22308.50
Average
6194.28
10Y Percentile
100%
3M Change
+1.3%
Personal Consumption Expenditures (PCE) — 812 observations from 1959-01-01 to 2026-08-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.
Compare Personal Consumption Expenditures with other indicators →
How these numbers changed
Every figure above is the current one. These are the same periods as first published — what Personal Consumption Expenditures said on the day, before it was restated. Measured in Billions of Dollars.
| Period | First print | Now | Change | Republished |
|---|---|---|---|---|
| Jul 2026 | 22250.4 | 22117.7 | -132.7 | 1× |
| Jun 2026 | 22184.1 | 22095.5 | -88.6 | 2× |
| May 2026 | 22059.8 | 22027.2 | -32.6 | 3× |
| Apr 2026 | 21979.4 | 21856.9 | -122.5 | 4× |
| Mar 2026 | 21860.5 | 21692.9 | -167.6 | 3× |
| Feb 2026 | 21615.1 | 21502 | -113.1 | 4× |
| Jan 2026 | 21536.6 | 21383.1 | -153.5 | 5× |
| Dec 2025 | 21474.9 | 21336 | -138.9 | 3× |
| Nov 2025 | 21409.7 | 21274.2 | -135.5 | 4× |
| Oct 2025 | 21301 | 21196.4 | -104.6 | 4× |
| Sep 2025 | 21152.2 | 21126.5 | -25.7 | 3× |
Personal Consumption Expenditures for July 2026 first printed at 22250.4 on August 26, 2026, was revised once, and now reads down to 22117.7. Recompute any row from FRED's own vintage archive.
Macro Regime Context
The growth regime is currently late cycle (72% confidence).
See what this means across all four regime dimensions →3-Month
+1.3%
6-Month
+3.8%
12-Month
+6.1%
What this means
Personal Consumption Expenditures is currently at 22308.50 billions of dollars, which is well above its 10-year historical average. The trend is increasing (+1.3% over the past 3 months).
Over the past 6 months the change is +3.8%, and over 12 months it is +6.1%. The short-term pace is consistent with the longer trend.
Cite this page
MacroRadar, "Personal Consumption Expenditures," https://www.macroradar.io/personal-consumption-expenditures (as of August 2026).