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Personal Spending

Personal Spending USA

Indicator Personal Spending (USA) reflects the level of population expenditures. It is composed of three parts: Expenditures for Durable Goods, Short Term Use Products, and Services. Retail Sales Index provides an overview about durable and non-durable goods purchases. The rate of service use changes relatively constantly, so this indicator’s value can often be predicted. The indicator has limited forex market influence. Only a significant deviation of this index from the forecast values can have a significant influence on the national currency rate. An increase in this index’s value is a positive factor for national economy development and leads to the US dollar rate growth. The data on Personal Spending is published in the third decade of each month along with Personal Income.

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