Real value of: PCE excluding food and energy (chained 2017 USD million; annual rate) - United States - BEA - Monthly
This series is part of the dataset: Real Personal Consumption Expenditures
Download Full Dataset (.xlsx)Latest updates. According to data on the U.S. economy released by the Bureau of Economic Analysis, the real value of the item "PCE excluding food and energy" was 14,963,666 millions of chained 2017 US dollars (annual rate) in December 2025, compared to 14,962,133 in November 2025. This constitutes a gain of 0.01 percent.
Sample. There are 228 observations in the monthly series shown in the chart above. The series covers the time period extending from January 2007 to December 2025.
History. Take a look at a few statistics computed on the whole sample: the real value of this indicator hit a peak of 14,963,666 chained USD million in December 2025; it reached a trough of 9,683,952 in April 2009; it had a mean of 11,650,549.
Latest values
| Date | Value - Chained 2017 US dollar million |
|---|---|
| 2025-10-31 | 14933912.0 |
| 2025-11-30 | 14962133.0 |
| 2025-12-31 | 14963666.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real value of: PCE excluding food and energy |
| Country | United States |
| Economic concept | Flow |
| Data type | Real aggregate |
| Seasonally adjusted | Yes |
| Deflation method | Constant prices |
| Rescaling | Annual rate |
| Measure type | Level |
| Frequency | Monthly |
| Unit | Chained 2017 US dollar million |
| Source | Bureau of Economic Analysis (BEA) |
| Source type | National statistical agency |
| Data licence | Open data |
| Other information | Not available |
| FSR temporal aggregation code | SM1 |
Series in the same data set
Discover the other time series included in this data set.
Main indicator
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real value of: Personal consumption expenditures (PCE) (chained 2017 USD million; annual rate) - United States - BEA - Monthly | 228 | 2007-01-31 | 2025-12-31 |