U.S. personal spending growth slowed in June 2026, rising 0.3% month-over-month, down from a strong 0.7% increase in May 2026. The latest figures, updated on 30 July 2026, indicate a moderation in consumer outlays after a brisk pace earlier in the quarter.
On a month-over-month basis, the “actual” June reading reflects how much personal spending changed compared with May, while the “previous” May figure captures the change relative to April. The deceleration suggests that while U.S. consumers are still increasing their spending, the momentum has eased, a development that markets and policymakers will be watching closely for signs of shifting demand dynamics in the broader economy.
