U.S. Real consumer spending

Personal consumption expenditures adjusted for price change, in chained dollars.

16.96

August 2026 · Published level
Trillions of chained 2017 dollars, annual rate · Seasonally adjusted

Compared with July 2026
92,821.00 millions of chained 2017 dollars, annual rate

Compared with August 2025
425,548.00 millions of chained 2017 dollars, annual rate

Source: BEA
Publication date: 2026-09-30
Status: Source estimate; revisable
Site snapshot: 2026-09-30-d6e32ee5

Next scheduled: 2026-10-29 · Personal Income and Outlays

The headline uses reviewed snapshot 2026-09-30-d6e32ee5. Source publication is distinct from the observation period and site acquisition. Check freshness · See what changed.

Historical data

Real consumer spending · Published level · Millions of chained 2017 dollars, annual rate · Seasonally adjusted

Real consumer spending — Millions of chained 2017 dollars, annual rate 10.4M14M17.7M 2007-012026-08 Real consumer spending — Millions of chained 2017 dollars, annual rate 10.4M14M17.7M 2007-012026-08
August 2026: 16,955,276.00 Millions of chained 2017 dollars, annual rate

236 periods. Unpublished values remain gaps; no interpolation is applied.

Accessible historical table
Real consumer spending: Published level, Millions of chained 2017 dollars, annual rate
Reference periodValueStatus
August 202616,955,276.000Source estimate; revisable
July 202616,862,455.000Source estimate; revisable
June 202616,854,004.000Source estimate; revisable
May 202616,784,612.000Source estimate; revisable
April 202616,727,440.000Source estimate; revisable
March 202616,674,306.000Source estimate; revisable
February 202616,631,343.000Source estimate; revisable
January 202616,596,821.000Source estimate; revisable
December 202516,610,620.000Source estimate; revisable
November 202516,615,441.000Source estimate; revisable
October 202516,587,684.000Source estimate; revisable
September 202516,557,589.000Source estimate; revisable
August 202516,529,728.000Source estimate; revisable
July 202516,491,211.000Source estimate; revisable
June 202516,413,312.000Source estimate; revisable
May 202516,349,644.000Source estimate; revisable
April 202516,372,002.000Source estimate; revisable
March 202516,362,338.000Source estimate; revisable
February 202516,251,261.000Source estimate; revisable
January 202516,266,296.000Source estimate; revisable
December 202416,370,124.000Source estimate; revisable
November 202416,246,066.000Source estimate; revisable
October 202416,185,118.000Source estimate; revisable
September 202416,165,156.000Source estimate; revisable
August 202416,071,362.000Source estimate; revisable
July 202416,058,824.000Source estimate; revisable
June 202416,012,980.000Source estimate; revisable
May 202415,960,585.000Source estimate; revisable
April 202415,884,244.000Source estimate; revisable
March 202415,853,982.000Source estimate; revisable
February 202415,801,772.000Source estimate; revisable
January 202415,744,700.000Source estimate; revisable
December 202315,780,418.000Source estimate; revisable
November 202315,733,400.000Source estimate; revisable
October 202315,680,801.000Source estimate; revisable
September 202315,638,600.000Source estimate; revisable
August 202315,602,387.000Source estimate; revisable
July 202315,586,392.000Source estimate; revisable
June 202315,525,153.000Source estimate; revisable
May 202315,490,603.000Source estimate; revisable
April 202315,495,092.000Source estimate; revisable
March 202315,459,871.000Source estimate; revisable
February 202315,463,578.000Source estimate; revisable
January 202315,483,101.000Source estimate; revisable
December 202215,278,476.000Source estimate; revisable
November 202215,289,629.000Source estimate; revisable
October 202215,341,830.000Source estimate; revisable
September 202215,313,224.000Source estimate; revisable
August 202215,290,748.000Source estimate; revisable
July 202215,217,883.000Source estimate; revisable
June 202215,222,166.000Source estimate; revisable
May 202215,225,380.000Source estimate; revisable
April 202215,244,403.000Source estimate; revisable
March 202215,152,876.000Source estimate; revisable
February 202215,079,473.000Source estimate; revisable
January 202215,085,780.000Source estimate; revisable
December 202115,062,345.000Source estimate; revisable
November 202115,118,043.000Source estimate; revisable
October 202115,094,304.000Source estimate; revisable
September 202115,002,066.000Source estimate; revisable
August 202114,972,243.000Source estimate; revisable
July 202114,878,519.000Source estimate; revisable
June 202114,899,465.000Source estimate; revisable
May 202114,782,167.000Source estimate; revisable
April 202114,801,632.000Source estimate; revisable
March 202114,682,163.000Source estimate; revisable
February 202114,073,099.000Source estimate; revisable
January 202114,215,206.000Source estimate; revisable
December 202014,026,679.000Source estimate; revisable
November 202013,970,316.000Source estimate; revisable
October 202014,007,104.000Source estimate; revisable
September 202013,964,586.000Source estimate; revisable
August 202013,793,028.000Source estimate; revisable
July 202013,683,504.000Source estimate; revisable
June 202013,476,816.000Source estimate; revisable
May 202012,780,528.000Source estimate; revisable
April 202011,798,613.000Source estimate; revisable
March 202013,249,089.000Source estimate; revisable
February 202014,181,357.000Source estimate; revisable
January 202014,230,697.000Source estimate; revisable
December 201914,165,741.000Source estimate; revisable
November 201914,142,836.000Source estimate; revisable
October 201914,067,246.000Source estimate; revisable
September 201914,066,246.000Source estimate; revisable
August 201914,043,558.000Source estimate; revisable
July 201913,989,862.000Source estimate; revisable
June 201913,924,102.000Source estimate; revisable
May 201913,877,100.000Source estimate; revisable
April 201913,825,912.000Source estimate; revisable
March 201913,824,825.000Source estimate; revisable
February 201913,728,472.000Source estimate; revisable
January 201913,721,695.000Source estimate; revisable
December 201813,682,327.000Source estimate; revisable
November 201813,800,281.000Source estimate; revisable
October 201813,727,109.000Source estimate; revisable
September 201813,687,137.000Source estimate; revisable
August 201813,711,487.000Source estimate; revisable
July 201813,682,745.000Source estimate; revisable
June 201813,653,705.000Source estimate; revisable
May 201813,640,539.000Source estimate; revisable
April 201813,598,657.000Source estimate; revisable
March 201813,586,534.000Source estimate; revisable
February 201813,547,251.000Source estimate; revisable
January 201813,541,333.000Source estimate; revisable
December 201713,555,357.000Source estimate; revisable
November 201713,450,341.000Source estimate; revisable
October 201713,377,008.000Source estimate; revisable
September 201713,364,384.000Source estimate; revisable
August 201713,291,675.000Source estimate; revisable
July 201713,290,089.000Source estimate; revisable
June 201713,256,700.000Source estimate; revisable
May 201713,214,465.000Source estimate; revisable
April 201713,206,064.000Source estimate; revisable
March 201713,201,744.000Source estimate; revisable
February 201713,143,371.000Source estimate; revisable
January 201713,136,309.000Source estimate; revisable
December 201613,128,482.000Source estimate; revisable
November 201613,036,803.000Source estimate; revisable
October 201613,014,898.000Source estimate; revisable
September 201613,020,884.000Source estimate; revisable
August 201612,986,082.000Source estimate; revisable
July 201612,972,225.000Source estimate; revisable
June 201612,948,552.000Source estimate; revisable
May 201612,891,217.000Source estimate; revisable
April 201612,870,150.000Source estimate; revisable
March 201612,836,102.000Source estimate; revisable
February 201612,884,040.000Source estimate; revisable
January 201612,798,711.000Source estimate; revisable
December 201512,777,287.000Source estimate; revisable
November 201512,737,026.000Source estimate; revisable
October 201512,715,920.000Source estimate; revisable
September 201512,707,228.000Source estimate; revisable
August 201512,699,695.000Source estimate; revisable
July 201512,668,446.000Source estimate; revisable
June 201512,621,633.000Source estimate; revisable
May 201512,612,729.000Source estimate; revisable
April 201512,574,797.000Source estimate; revisable
March 201512,551,848.000Source estimate; revisable
February 201512,514,133.000Source estimate; revisable
January 201512,484,726.000Source estimate; revisable
December 201412,455,087.000Source estimate; revisable
November 201412,420,593.000Source estimate; revisable
October 201412,389,106.000Source estimate; revisable
September 201412,310,160.000Source estimate; revisable
August 201412,306,522.000Source estimate; revisable
July 201412,223,576.000Source estimate; revisable
June 201412,197,112.000Source estimate; revisable
May 201412,154,473.000Source estimate; revisable
April 201412,128,113.000Source estimate; revisable
March 201412,108,258.000Source estimate; revisable
February 201412,039,400.000Source estimate; revisable
January 201411,984,950.000Source estimate; revisable
December 201312,024,692.000Source estimate; revisable
November 201312,013,748.000Source estimate; revisable
October 201311,964,642.000Source estimate; revisable
September 201311,926,106.000Source estimate; revisable
August 201311,890,328.000Source estimate; revisable
July 201311,872,342.000Source estimate; revisable
June 201311,857,747.000Source estimate; revisable
May 201311,860,129.000Source estimate; revisable
April 201311,826,391.000Source estimate; revisable
March 201311,823,785.000Source estimate; revisable
February 201311,808,639.000Source estimate; revisable
January 201311,810,554.000Source estimate; revisable
December 201211,758,277.000Source estimate; revisable
November 201211,753,400.000Source estimate; revisable
October 201211,702,345.000Source estimate; revisable
September 201211,703,216.000Source estimate; revisable
August 201211,686,651.000Source estimate; revisable
July 201211,684,376.000Source estimate; revisable
June 201211,659,879.000Source estimate; revisable
May 201211,672,028.000Source estimate; revisable
April 201211,671,350.000Source estimate; revisable
March 201211,660,547.000Source estimate; revisable
February 201211,675,804.000Source estimate; revisable
January 201211,605,541.000Source estimate; revisable
December 201111,560,852.000Source estimate; revisable
November 201111,555,677.000Source estimate; revisable
October 201111,575,139.000Source estimate; revisable
September 201111,554,302.000Source estimate; revisable
August 201111,535,293.000Source estimate; revisable
July 201111,542,331.000Source estimate; revisable
June 201111,522,290.000Source estimate; revisable
May 201111,495,647.000Source estimate; revisable
April 201111,508,912.000Source estimate; revisable
March 201111,522,570.000Source estimate; revisable
February 201111,482,805.000Source estimate; revisable
January 201111,485,986.000Source estimate; revisable
December 201011,473,159.000Source estimate; revisable
November 201011,457,995.000Source estimate; revisable
October 201011,428,949.000Source estimate; revisable
September 201011,399,944.000Source estimate; revisable
August 201011,389,167.000Source estimate; revisable
July 201011,361,677.000Source estimate; revisable
June 201011,330,595.000Source estimate; revisable
May 201011,303,150.000Source estimate; revisable
April 201011,275,119.000Source estimate; revisable
March 201011,252,084.000Source estimate; revisable
February 201011,198,587.000Source estimate; revisable
January 201011,156,814.000Source estimate; revisable
December 200911,177,314.000Source estimate; revisable
November 200911,109,393.000Source estimate; revisable
October 200911,127,130.000Source estimate; revisable
September 200911,114,566.000Source estimate; revisable
August 200911,218,045.000Source estimate; revisable
July 200911,118,080.000Source estimate; revisable
June 200911,081,148.000Source estimate; revisable
May 200911,078,092.000Source estimate; revisable
April 200911,068,004.000Source estimate; revisable
March 200911,084,550.000Source estimate; revisable
February 200911,130,536.000Source estimate; revisable
January 200911,176,305.000Source estimate; revisable
December 200811,125,756.000Source estimate; revisable
November 200811,158,164.000Source estimate; revisable
October 200811,192,483.000Source estimate; revisable
September 200811,209,703.000Source estimate; revisable
August 200811,284,712.000Source estimate; revisable
July 200811,285,993.000Source estimate; revisable
June 200811,340,676.000Source estimate; revisable
May 200811,361,583.000Source estimate; revisable
April 200811,340,527.000Source estimate; revisable
March 200811,322,117.000Source estimate; revisable
February 200811,293,922.000Source estimate; revisable
January 200811,333,195.000Source estimate; revisable
December 200711,335,073.000Source estimate; revisable
November 200711,342,216.000Source estimate; revisable
October 200711,318,558.000Source estimate; revisable
September 200711,309,630.000Source estimate; revisable
August 200711,300,129.000Source estimate; revisable
July 200711,252,646.000Source estimate; revisable
June 200711,218,483.000Source estimate; revisable
May 200711,218,013.000Source estimate; revisable
April 200711,201,512.000Source estimate; revisable
March 200711,190,733.000Source estimate; revisable
February 200711,178,224.000Source estimate; revisable
January 200711,181,011.000Source estimate; revisable

Reading the latest movement

For August 2026, this snapshot reports 16,955,276.00 millions of chained 2017 dollars, annual rate in the published level view. The difference from the preceding available period is 92,821.00 millions of chained 2017 dollars, annual rate. This comparison uses the prior value contained in the same acquired file. A difference between periods describes economic change; it is separate from a later revision of either observation.

Put the latest level in context

These comparisons use published levels in this snapshot, with matching reference periods. Rate differences use percentage points; growth of a rate is not a percentage-point difference. The chart above may use a different transformation.

Real consumer spending: same-period historical comparisons · Millions of chained 2017 dollars, annual rate
Earlier periodEarlier levelLatest levelAbsolute differenceRelative change
August 202516,529,728.00016,955,276.000425,548.0002.57%
August 202114,972,243.00016,955,276.0001,983,033.00013.24%
August 201612,986,082.00016,955,276.0003,969,194.00030.56%

How have prices, jobs and output changed since 2019? · Research questions and worked comparisons.

Definition and limitations

Chained-dollar product components are not generally additive. Monthly values are annual rates, not dollars spent solely during that month.

Percentage growth is calculated from matching series levels. Both endpoints retain the same adjustment basis. Growth computed from rounded source inputs can differ from the agency’s published headline rounding.

Which measure fits your question? Compare definitions and complementary measures before drawing a conclusion.

Transformations and related measures

Published level retains the source unit. Year-over-year change compares with the same reference period one year earlier. Weekly series compare with 52 weeks earlier (364 days) to retain the weekday. Previous-period percentage change measures the relative change; absolute change subtracts the preceding level. For a rate already expressed in percent, absolute change is in percentage points. Invalid or missing denominators produce an unavailable result. No frequency conversion or hidden rescaling is applied.

Source and methodology

Producer documentation · Acquisition endpoint / file · Producer release information

Revisions and archived snapshots

Two site acquisitions are archived. Matching unchanged series identities can be compared between versions; this is not a complete agency vintage history. Previous-period readings above come from the same acquired snapshot. The revision comparison separates changes to matching historical observations from new coverage and corrected series identities. Earlier agency vintages remain outside this archive. Read the revision policy and download this frozen snapshot.

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