In a significant update for the US economy, personal spending growth has decelerated in September, marking a noteworthy drop from its previous rate. According to the latest data released on December 5, 2025, the growth in personal spending for September stood at 0.3%, a decline from the 0.5% recorded in August. This month-over-month comparison illustrates a slowdown in consumer expenditure which could have implications for economic forecasting.
The data indicates that while consumer spending is still on an upward trajectory, the pace has diminished. In August, personal expenditures grew at a healthier rate of 0.5%, but September's figure points to a more cautious consumer behavior as the growth has tapered.
This slowdown could reflect broader economic concerns or consumer uncertainty as Americans adjust their budgets and spending priorities. Analysts will be watching closely for trends in the coming months to see if this decline signifies a longer-term shift in consumer habits or is merely a temporary adjustment. The updated figures will continue to shape economic expectations as the holiday season approaches, a critical period for consumer spending.
