Consumer Health

Real Personal Consmption Expenditure Growth

Personal Consumption Expenditures (PCE) Price Index is the primary measure of inflation used by the Fed. It is more reliable than CPI and includes a broader range of goods and services. Chart measures change in PCE, % YoY.
4.555.566.577.5AprJulOct202328 Feb, 202355
Real GDP

Real Disposable Income

Disposable Personal Income (DPI) is the income saved after deducting taxes. Chart displays % change in DPI, QoQ.
-15-10-50510152022AprJulOct2023AprJulOct2024AprJulOct202531 Dec, 20241.91.9
Real Disposable Income, % QoQ

Historical Trend

Historical quarterly trends of the chained dollar value of Personal Consumption Expenditures and Disposable Income.
04T8T12T16T20T19501960197019801990200020102020

Real Disposable Income, $ Chained

PCE, $ Chained

31 Dec, 202417.59T17.59T16.27T16.27T
Real Disposable Income, $ Chained
PCE, $ Chained

Real Consumption

Goods: Real GDP Contribution

Percentage contribution of Durable goods (electronics, automobiles, etc) and Non-durable goods (consumables) to the GDP.
-1-0.500.511.522022AprJulOct2023AprJulOct2024AprJulOct2025

Durables

Non-Durables

Durables
Non-Durables

Non-Durables

Change in consumption of Durable goods and Non-durable goods, % QoQ.
-4.504.5913.5182022AprJulOct2023AprJulOct2024AprJulOct2025

Durables

Non-Durables

31 Dec, 202412.412.43.13.1
Durables
Non-Durables

Long Term Trend

Quarterly trends of the chained dollar value of Durable goods expenditure and Non-durable goods expenditure.
Durables
Non-Durables

Retail Sales

Total

Retail Sales computes the total sales of clothing, grocery, gas, motor vehicles, health care, etc in the US. Chart displays change in Retail Sales for that month, % YoY.
-1.501.534.56AprJulOct2025

Total Retail Trade Sales, % YoY

28 Feb, 2025-0.66-0.66
Total Retail Trade Sales, % YoY

Retail Trade and Food Places

Comparing percentage change in US Retail Sales excluding autos, with change in auto sales for that month.
-6-30369AprJulOct2025

Retail Sales excl. Auto, % YoY

Auto Sales, % YoY

28 Feb, 20253.373.373.063.06
Retail Sales excl. Auto, % YoY
Auto Sales, % YoY

Historical Retail Sales

Automobiles have a large impact on retail sales due to their high prices. Chart examines this impact by separating the auto sales component from total Retail Sales.
0150B300B450B600B750B1995200020052010201520202025

Retail Sales ex Auto, $

Auto Sales, $

Retail Sales ex Auto, $
Auto Sales, $

Longer Trends

Savings Rate

Real GDP

Gas Sales

Gas Sales, $

Historical Online Vs Dept. Stores

Monthly trends in sales at online retail stores and general merchandise stores.
Department Store Sales
Online Sales