FX.co ★ US Personal Spending Below Forecasts

In February 2025, personal spending in the United States experienced a 0.4% increase from the previous month, recovering from a revised decline of 0.3% in January, although it fell short of the anticipated 0.5% increase predicted by market analysts. Expenditures on goods rose by $56.3 billion, while spending on services increased by $31.5 billion. The most significant spending increases were in financial services and insurance ($15 billion), healthcare ($13.6 billion), motor vehicles and parts ($12.7 billion), food and beverages ($10 billion), and recreational goods and vehicles ($9.9 billion). Conversely, there were decreases in expenditures for gasoline and other energy goods, which fell by $6.3 billion, food services and accommodations, down by $15 billion, and the final expenditures of nonprofit institutions, which decreased by $15.8 billion.