Real personal consumption expenditures (PCE) (chained 2017 USD million) - United States - BEA - Quarterly
This series is part of the dataset: US real GDP and its components
Download Full Dataset (.xlsx)Latest updates. In the United States, real personal consumption expenditures were 16,667 billion US dollars (2017; annual rate) in 2025-Q4, compared to 16,586 in 2025-Q3. This constitutes a gain of 0.49 percent.
Sample. The quarterly series plotted above has a total of 316 data points. The time range covered by the series goes from March 1947 to December 2025.
History. Here are a few summary statistics we calculated on the entire sample: real personal consumption expenditures were equal on average to 6,757 billion US dollars (2017; annual rate); they hit a trough of 1,351 in March 1947; they recorded a maximum of 16,667 in December 2025.
Latest values
| Date | Value - Chained 2017 US dollars (USD) million |
|---|---|
| 2025-06-30 | 16445685.0 |
| 2025-09-30 | 16585878.0 |
| 2025-12-31 | 16667027.0 |
Hint. Our metadata often comprise links to the original sources of the data series we publish. You can use these links to search for additional information needed in your research.
Not for investment purposes. Financial data collected and published on FetchSeries are not not supposed to be used for investment purposes or any other financial decision. Users should ask for expert advice and do their own independent due diligence before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | Real personal consumption expenditures (PCE) |
| Country | United States |
| Economic concept | Flow |
| Data type | Real aggregate |
| Deflation method | Constant prices |
| Seasonally adjusted | Yes |
| Rescaling | Annual rate |
| Frequency | Quarterly |
| Unit | Chained 2017 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.
Real GDP
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real gross domestic product (GDP) (chained 2017 USD million) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
Main GDP components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real personal consumption expenditures (PCE) (chained 2017 USD million) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Real gross private domestic investment (chained 2017 USD million) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Real net exports of goods and services (chained 2017 USD million) - United States - BEA - Quarterly | 224 | 1970-03-31 | 2025-12-31 |
| Real government consumption expenditures and gross investment (chained 2017 USD million) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
PCE components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real personal consumption expenditures (PCE): Goods (chained 2017 USD million) - United States - BEA - Quarterly | 76 | 2007-03-31 | 2025-12-31 |
| Real personal consumption expenditures (PCE): Goods: Durable goods (chained 2017 USD million) - United States - BEA - Quarterly | 76 | 2007-03-31 | 2025-12-31 |
| Real personal consumption expenditures (PCE): Goods: Nondurable goods (chained 2017 USD million) - United States - BEA - Quarterly | 76 | 2007-03-31 | 2025-12-31 |
| Real personal consumption expenditures (PCE): Services (chained 2017 USD million) - United States - BEA - Quarterly | 76 | 2007-03-31 | 2025-12-31 |
Investment components
Net exports components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real exports (chained 2017 USD million) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Real exports: Goods (chained 2017 USD million) - United States - BEA - Quarterly | 224 | 1970-03-31 | 2025-12-31 |
| Real exports: Services (chained 2017 USD million) - United States - BEA - Quarterly | 224 | 1970-03-31 | 2025-12-31 |
| Real imports (chained 2017 USD million) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Real imports: Goods (chained 2017 USD million) - United States - BEA - Quarterly | 224 | 1970-03-31 | 2025-12-31 |
| Real imports: Services (chained 2017 USD million) - United States - BEA - Quarterly | 224 | 1970-03-31 | 2025-12-31 |
Government spending components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real government consumption expenditures and gross investment: Federal (chained 2017 USD million) - United States - BEA - Quarterly | 76 | 2007-03-31 | 2025-12-31 |
| Real government consumption expenditures and gross investment: Federal: National defense (chained 2017 USD million) - United States - BEA - Quarterly | 76 | 2007-03-31 | 2025-12-31 |
| Real government consumption expenditures and gross investment: Federal: Nondefense (chained 2017 USD million) - United States - BEA - Quarterly | 76 | 2007-03-31 | 2025-12-31 |
| Real government consumption expenditures and gross investment: State and local (chained 2017 USD million) - United States - BEA - Quarterly | 76 | 2007-03-31 | 2025-12-31 |
Residual
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Difference between real GDP and the sum of its components due to price chaining (chained 2017 USD million) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |