Personal Consumption Expenditures (PCE)
Personal consumption expenditures (PCE) is a measure of consumer spending on goods and services in the U.S. and a part of the BEA's monthly Personal Income and Outlays report. Consumer spending is an important factor that gauges the economic health of the U.S. because consumer spending accounts for the majority of GDP. The BEA also calculates the PCE Price Index, which measures the prices of the goods and services and the PCE Price Index excluding food and energy, also known as the core PCE price index. The core PCE price Index is an important indicator for inflation because it is preferred by the Federal Reserve when making monetary policy decisions. The PCE and the Consumer Price Index (CPI) both measure U.S. inflation in similar but different ways, which are resulting in different inflation rates. The data is usually released each month at 8:30(EST) ; winter time : 22:30(JST), summer time : 21:30(JST) and quarterly and annual data are included in the GDP release.
Latest recorded value at build time: 0.5 (%). Observation date: .
Source
U.S. Bureau of Economic Analysis 「FRED: Personal Consumption Expenditures」Federal Reserve Bank of St. Louis、https://fred.stlouisfed.org/series/PCE