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Real personal consumption expenditures (PCE): Services (chained 2017 USD million) - United States - BEA - Quarterly

Latest updates. In the United States, real services consumption was 11,013 billion US dollars (2017; annual rate) in 2025-Q4, versus 10,940 in 2025-Q3. This represents an increase of 0.67 percent.

Sample. The quarterly series displayed in the figure has 76 observations in total. The span of time covered by the series is from March 2007 to December 2025.

History. Check out a few summary statistics we calculated on the full sample: real services consumption averaged 8,996 billion US dollars (2017; annual rate); it recorded a minimum of 7,786 in March 2007; it peaked at 11,013 in December 2025.

Latest values

Date Value - Chained 2017 US dollars (USD) million
2025-06-30 10842338.0
2025-09-30 10939624.0
2025-12-31 11012883.0

Suggestion. We group time series into data sets and worksheets for easier exploration. When you navigate further down, you will discover how we arranged further material linked to the statistics found here.

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Series Metadata

Field Value
Description Real personal consumption expenditures (PCE): Services
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

Series Name Observations Start Date End Date
Real gross private domestic investment: Fixed investment (chained 2017 USD million) - United States - BEA - Quarterly 76 2007-03-31 2025-12-31
Real gross private domestic investment: Fixed investment: Nonresidential (chained 2017 USD million) - United States - BEA - Quarterly 76 2007-03-31 2025-12-31
Real gross private domestic investment: Fixed investment: Nonresidential: Structures (chained 2017 USD million) - United States - BEA - Quarterly 76 2007-03-31 2025-12-31
Real gross private domestic investment: Fixed investment: Nonresidential: Equipment (chained 2017 USD million) - United States - BEA - Quarterly 76 2007-03-31 2025-12-31
Real gross private domestic investment: Fixed investment: Nonresidential: Intellectual property products (chained 2017 USD million) - United States - BEA - Quarterly 76 2007-03-31 2025-12-31
Real gross private domestic investment: Fixed investment: Residential (chained 2017 USD million) - United States - BEA - Quarterly 76 2007-03-31 2025-12-31
Real gross private domestic investment: Change in private inventories (chained 2017 USD million) - United States - BEA - Quarterly 316 1947-03-31 2025-12-31

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