U.S. Department of Commerce announced the U.S. Personal Spending MoM in March on 2025-04-30. against a forecast of 0.5%, with the prior figure recorded as 0.40%.
Regarding the U.S. Personal Spending MoM in March, Actual value > Expected value = Positive for the US dollar, Personal consumption expenditures measure the changes in the total amount spent by consumers on goods and services. Since consumption is the largest part of the U.S. GDP today, personal spending is a key indicator of economic growth. It is also related to consumer confidence. If this indicator is higher than expected, the dollar should be considered strong/bullish, whereas if the indicator is lower than expected, the dollar should be considered weak/bearish.
This data holds an importance level of , calculated using The increase or decrease level of consumer spending, published monthly and annually, and updates monthly. The next release is set for 2025-07-31 20:30:00.
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