Personal consumption expenditures (PCE) (USD million; nominal) - United States - BEA - Quarterly
This series is part of the dataset: US nominal GDP and its components
Download Full Dataset (.xlsx)Latest updates. In the United States, personal consumption expenditures were 21,368 billion US dollars (annual rate) in 2025-Q4, compared to 21,111 in 2025-Q3. This constitutes a rise of 1.22 percent.
Sample. There are 316 records in the quarterly series presented in the plot above. The span of time covered by the series extends from March 1947 to December 2025.
History. Here's a glimpse of a few statistics computed on the full sample: personal consumption expenditures reached a trough of 156 USD billion (annual rate) in March 1947; they achieved a maximum of 21,368 in December 2025; they had a mean value of 5,159.
Latest values
| Date | Value - US dollars (USD) million |
|---|---|
| 2025-06-30 | 20789926.0 |
| 2025-09-30 | 21111166.0 |
| 2025-12-31 | 21368065.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Personal consumption expenditures (PCE) |
| Country | United States |
| Economic concept | Flow |
| Data type | Nominal aggregate |
| Deflation method | Current prices |
| Seasonally adjusted | Yes |
| Rescaling | Annual rate |
| Frequency | Quarterly |
| Unit | US dollars (USD) million |
| Source | Bureau of Economic Analysis (BEA) |
| Source type | National statistical agency |
| Data licence | Open Data |
| Measure type | Level |
Series in the same data set
Discover the other time series included in this data set.
GDP
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Gross domestic product (GDP) (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
Main GDP components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Personal consumption expenditures (PCE) (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Gross private domestic investment (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Net exports of goods and services (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Government consumption expenditures and gross investment (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
PCE components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Personal consumption expenditures (PCE): Goods (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Personal consumption expenditures (PCE): Goods: Durable goods (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Personal consumption expenditures (PCE): Goods: Nondurable goods (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Personal consumption expenditures (PCE): Services (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
Investment components
Net exports components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Exports (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Exports: Goods (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Exports: Services (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Imports (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Imports: Goods (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Imports: Services (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
Government spending components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Government consumption expenditures and gross investment: Federal (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Government consumption expenditures and gross investment: Federal: National defense (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Government consumption expenditures and gross investment: Federal: Nondefense (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Government consumption expenditures and gross investment: State and local (USD million; nominal) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |