This indicator measures the monthly change in the total amount of money spent by consumers in the United States.
Releases at
13:30
Thursday, October 29, 2026 at 13:30
Personal spending is a key driver of the US economy, accounting for a large portion of overall economic activity.
Central banks and investors watch this data to gauge consumer confidence and economic momentum, which influence monetary policy decisions and market sentiment.
Stronger spending growth can signal a healthy economy and may lead to expectations of higher interest rates, while weaker spending suggests slower growth and potential easing.
Markets may interpret this as a sign of economic strength, potentially boosting stocks and the US dollar.
This may indicate economic weakness, leading to declines in stocks and a weaker US dollar.
Markets typically show little reaction, as the data confirms current economic outlooks.