U S Consumer Spending Near Nine Year High In June At 103

u s consumer spending near nine year high in June
u s consumer spending near nine year high in June

U S Consumer Spending Near Nine Year High In June Us consumer confidence teetered slightly in june as americans grew a little warier about the future, new data released tuesday showed. the conference board’s latest consumer confidence index. Updated 8:39 am pdt, june 25, 2024. american consumers lost some confidence in june as expectations over the near term future fell again. the conference board, a business research group, said tuesday that its consumer confidence index fell in june to 100.4 from 101.3 in may. the index’s decline was not quite as bad as analysts were expecting.

u s consumer spending near nine year high in June
u s consumer spending near nine year high in June

U S Consumer Spending Near Nine Year High In June Consumer spending in the united states increased to 15755.20 usd billion in the second quarter of 2024 from 15643 usd billion in the first quarter of 2024. this page provides the latest reported value for united states consumer spending plus previous releases, historical high and low, short term forecast and long term prediction, economic calendar, survey consensus and news. The conference board, a business research group, said tuesday that its consumer confidence index fell in june to 100.4 from 101.3 in may. the index's decline was not quite as bad as analysts were. U.s. consumer spending for 2022 was $17,511.75b, a 9.16% increase from 2021. u.s. consumer spending for 2021 was $16,042.96b, a 12.93% increase from 2020. u.s. consumer spending for 2020 was $14,206.23b, a 1.47% decline from 2019. u.s. consumer spending for 2019 was $14,417.61b, a 3.47% increase from 2018. download historical data. save as image. They increased 5.1% in the 12 months through june, the smallest year on year rise since july 2023, after advancing 5.9% in may. new housing supply has surged to levels last seen in early 2008.

u s consumer spending near nine year high in June
u s consumer spending near nine year high in June

U S Consumer Spending Near Nine Year High In June U.s. consumer spending for 2022 was $17,511.75b, a 9.16% increase from 2021. u.s. consumer spending for 2021 was $16,042.96b, a 12.93% increase from 2020. u.s. consumer spending for 2020 was $14,206.23b, a 1.47% decline from 2019. u.s. consumer spending for 2019 was $14,417.61b, a 3.47% increase from 2018. download historical data. save as image. They increased 5.1% in the 12 months through june, the smallest year on year rise since july 2023, after advancing 5.9% in may. new housing supply has surged to levels last seen in early 2008. In the second quarter of 2024, us consumer optimism fell, mirroring levels seen at the end of 2023. economic pessimism grew slightly, fueled by concerns over inflation, the depletion of personal savings, and perceived weakness in the labor market. these concerns left consumers somewhat conflicted: on one hand, they continued to splurge on food. May 2024. 0.5%. april 2024. 0.2%. consumer spending, or personal consumption expenditures (pce), is the value of the goods and services purchased by, or on the behalf of, u.s. residents. at the national level, bea publishes annual, quarterly, and monthly estimates of consumer spending.

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