Personal Consumption Expenditures
Household spending on goods and services — typically ~68% of GDP and the largest component
18.8$T
Trend YoY growth is +2.4%, accelerating by 1 bps/month over the last 3Y. Latest: +2.4%, 1 bps below trend, a 0.0σ deviation.
Level
YoY %
y = 2.1% + 1 bps/mo · t
Deviation from trend