US September Personal Spending MoM: A Key Indicator of Economic Growth

On September 26, 2025, the US Department of Commerce released the monthly rate of personal spending for September. The reported figure was 0.6%. No consensus forecast was provided; the previous value was also 0.6%.Definition: Personal consumption expenditures measure the change in total consumer spending on goods and services. As consumer spending constitutes the largest component of US GDP, personal spending is a critical indicator of economic growth. This metric is also closely linked to consumer confidence. If the reading exceeds expectations, it is typically viewed as bullish for the US dollar; if it falls short, it is seen as bearish.This data is assigned an importance level of 3. It is calculated by assessing changes in consumer spending, with both monthly and annual rates published. The release occurs monthly, with the next publication scheduled for November 26, 2025.

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