Money spent for products and services meant for individual consumption.
Personal Consumption Expenditures
Related Terms
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The Personal Spending report is an economic indicator that offers insights into consumer expenditure patterns and the overall health of the U.S. economy.
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The Personal Income report provides valuable insights into Americans’ financial health and future consumer spending.
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The PCE price index measures inflation in the U.S., tracking the change in prices of goods and services purchased by consumers.
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GDP stands for Gross Domestic Product. GDP is the total value of the goods and services produced in a country over a specified period. It is one of the most comprehensive and closely watched...
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Money supply refers to the total amount of currency and liquid financial assets circulating within an economy at a given time.