Real personal consumption expenditures (PCE): Services (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 services consumption stood at 10,940 billion US dollars (2017; annual rate) in 2025-Q3, compared to 10,842 in the previous quarter. This marks an increase of 0.90 percent.
Sample. There are 75 observations overall in the quarterly series displayed in the figure above. The time range covered by the series extends from March 2007 to September 2025.
History. Check out some simple statistics we calculated on the full sample: real services consumption hit a minimum of 7,786 billion US dollars (2017; annual rate) in March 2007; it hit a peak of 10,940 in September 2025; it had an average value of 8,969.
Latest values
| Date | Value - Chained 2017 US dollars (USD) million |
|---|---|
| 2025-03-31 | 10773637.0 |
| 2025-06-30 | 10842338.0 |
| 2025-09-30 | 10939624.0 |
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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 | 315 | 1947-03-31 | 2025-09-30 |
Main GDP components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real personal consumption expenditures (PCE) (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Real gross private domestic investment (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Real net exports of goods and services (chained 2017 USD million) - United States - BEA - Quarterly | 223 | 1970-03-31 | 2025-09-30 |
| Real government consumption expenditures and gross investment (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
PCE components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real personal consumption expenditures (PCE): Goods (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
| Real personal consumption expenditures (PCE): Goods: Durable goods (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
| Real personal consumption expenditures (PCE): Goods: Nondurable goods (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
| Real personal consumption expenditures (PCE): Services (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
Investment components
Net exports components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real exports (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Real exports: Goods (chained 2017 USD million) - United States - BEA - Quarterly | 223 | 1970-03-31 | 2025-09-30 |
| Real exports: Services (chained 2017 USD million) - United States - BEA - Quarterly | 223 | 1970-03-31 | 2025-09-30 |
| Real imports (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Real imports: Goods (chained 2017 USD million) - United States - BEA - Quarterly | 223 | 1970-03-31 | 2025-09-30 |
| Real imports: Services (chained 2017 USD million) - United States - BEA - Quarterly | 223 | 1970-03-31 | 2025-09-30 |
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 | 75 | 2007-03-31 | 2025-09-30 |
| Real government consumption expenditures and gross investment: Federal: National defense (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
| Real government consumption expenditures and gross investment: Federal: Nondefense (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
| Real government consumption expenditures and gross investment: State and local (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
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 | 315 | 1947-03-31 | 2025-09-30 |