GDP Private Consumption QoQ measures the percentage change in the total value of all goods and services purchased by households during a specific quarter compared to the previous quarter. As private consumption often accounts for more than half of total GDP in many developed economies, it is a critical indicator of economic health and consumer confidence. Strong growth in this metric suggests a robust economy and can signal future inflationary pressures. Conversely, a decline may indicate economic cooling or a potential recession as consumers pull back on spending.
It is calculated by aggregating household expenditures on durable goods, non-durable goods, and services. The data is typically seasonally adjusted and inflation-adjusted (real terms) to provide an accurate quarter-over-quarter comparison.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 7, 2026 | 0.00 | 0.50 | -0.50 |
| Aug 16, 2026 | 0.00 | 0.50 | -0.50 |
| Jun 7, 2026 | 0.50 | 0.30 | +0.20 |
| May 18, 2026 | 0.10 | 0.20 | -0.10 |
| Dec 7, 2025 | 0.20 | 0.10 | +0.10 |
| Nov 16, 2025 | 0.10 | 0.10 | 0.00 |
| Sep 7, 2025 | 0.40 | 0.20 | +0.20 |
| Aug 14, 2025 | 0.20 | 0.10 | +0.10 |
| Jun 8, 2025 | 0.10 | 0.00 | +0.10 |
| May 15, 2025 | 0.00 | 0.10 | -0.10 |
| Mar 10, 2025 | 0.00 | 0.10 | -0.10 |
| Feb 16, 2025 | 0.10 | -0.30 | +0.40 |
| Dec 8, 2024 | 0.70 | 0.90 | -0.20 |
| Nov 14, 2024 | 0.90 | 0.20 | +0.70 |
| Sep 8, 2024 | 0.90 | 1.00 | -0.10 |
| Aug 14, 2024 | 1.00 | 0.50 | +0.50 |
| Jun 9, 2024 | -0.70 | -0.70 | 0.00 |
| May 15, 2024 | -0.70 | -0.20 | -0.50 |
| Mar 10, 2024 | -0.30 | -0.20 | -0.10 |
| Feb 14, 2024 | -0.20 | 0.10 | -0.30 |
| Dec 7, 2023 | -0.20 | 0.00 | -0.20 |
| Nov 14, 2023 | 0.00 | 0.20 | -0.20 |
| Sep 7, 2023 | -0.60 | -0.50 | -0.10 |
| Aug 14, 2023 | -0.50 | 0.10 | -0.60 |
| Jun 7, 2023 | 0.50 | 0.60 | -0.10 |
| May 16, 2023 | 0.60 | 0.40 | +0.20 |
| Mar 8, 2023 | 0.30 | 0.50 | -0.20 |
| Feb 13, 2023 | 0.50 | 0.50 | 0.00 |
| Dec 7, 2022 | 0.10 | 0.30 | -0.20 |
| Nov 14, 2022 | 0.30 | 0.20 | +0.10 |
| Sep 7, 2022 | 1.20 | 1.10 | +0.10 |
| Aug 14, 2022 | 1.10 | 1.30 | -0.20 |
| Jun 7, 2022 | 0.10 | — | — |
| Mar 8, 2022 | 2.40 | 2.70 | -0.30 |
| Feb 14, 2022 | 2.70 | 2.20 | +0.50 |
| Dec 7, 2021 | -1.30 | -1.10 | -0.20 |
| Nov 14, 2021 | -1.10 | -0.50 | -0.60 |
| Sep 7, 2021 | 0.90 | 0.80 | +0.10 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jun 7, 2026 | 0.30 | 0.50 | +0.20 ↑ |
| May 18, 2026 | 0.30 | 0.10 | -0.20 ↓ |
