FX.co ★ US Consumer Spending Rises More than Expected

In August 2025, personal spending in the United States rose by 0.6% from the previous month, reaching a total of $21.112 trillion. This increase marks an acceleration from July's 0.5% rise and surpasses market predictions, which also anticipated a 0.5% gain. This represents the most significant monthly growth in personal spending over five months, demonstrating the enduring strength of the American consumer despite ongoing economic uncertainties and increased borrowing costs. Spending on nondurable goods experienced a rebound, growing by 0.8% compared to no growth in July, while services continued to expand at a consistent rate of 0.5%. Meanwhile, expenditures on durable goods showed a softer increase of 0.8%, down from the previous month's 1.7%.