Personal consumption expenditures (PCE) in the United States increased by 0.5% in September 2026, reaching $113.1 billion. This increase was slightly lower than expectations, which had predicted a 0.6% rise for September, compared to a 0.9% growth in August.
Details of Consumption Expenditures
The $113.1 billion increase in consumption expenditures was primarily due to a $35.1 billion rise in goods expenditures and a $78.1 billion increase in services expenditures. In the goods sector, expenditures related to gasoline and other energy goods saw a significant increase of $45.7 billion. Additionally, in the services sector, expenditures related to transportation, housing, and utilities experienced the highest increases of 18.4%, 17.8%, and 15.5%, respectively.
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Growth in Personal Income and Disposable Income
Meanwhile, personal income in the United States increased by 0.2%, and disposable income also grew by the same amount. These figures indicate moderate economic growth in the United States, which could have a significant impact on future economic trends.
Overall, these statistics reflect the stable and balanced state of the U.S. economy at present and indicate that consumers continue to spend, although they are acting with more caution than in the past. While consumption expenditures in the services sector, particularly in transportation and housing, have seen significant growth, rising energy costs could put pressure on consumers.
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