US Consumer Spending Jumps 0.6% in August, Fastest Since March 2025
Updated
Updated · Bloomberg · Sep 30
US Consumer Spending Jumps 0.6% in August, Fastest Since March 2025
3 articles · Updated · Bloomberg · Sep 30
Summary
Inflation-adjusted US personal spending rose 0.6% in August from July, the biggest monthly gain since March 2025, according to Bureau of Economic Analysis data.
That surge shows households kept buying despite persistent inflation, giving the economy a fresh source of support late in the summer.
Core PCE prices—the Federal Reserve’s underlying inflation gauge—rose 0.2% in August, indicating spending strength came alongside still-elevated price pressures.