U.S. Personal Spending MoM in July
U.S. Department of Commerce announced the U.S. Personal Spending MoM in July on 2025-08-29. against a forecast of 0.50%, with the prior figure recorded as 0.30%.
Regarding the U.S. Personal Spending MoM in July, Actual value > Expected value = bullish for the US dollar, Personal consumption expenditures measure the changes in the total amount spent by consumers on goods and services. Since consumption is currently the largest part of the U.S. GDP, personal spending is a key indicator of economic growth. It is also related to consumer confidence. If this indicator is higher than expected, the dollar should be considered strong/bullish, while if the indicator is lower than expected, the dollar should be considered weak/bearish.
This data holds an importance level of , calculated using The increase or decrease in consumer spending, published on a monthly and annual basis, and updates Monthly. The next release is set for 2025-09-26 20:30:00.
This content is AI-generated.Please verify before use.
Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.
Comment
Recommended Crypto
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.4% | 6.81% | 5.43% | 0.54% | 4.68% |