United States Real Consumption Expenditures Growth Rate, Quarter-over-Quarter
1947–2024
- United States Real GDP declined 0.0% quarter-over-quarter (annualized) in Q1 2024, following an increase of 2.9% in the previous quarter.
- United States Real Consumption Expenditures Growth Rate, Quarter-over-Quarter averaged 2.6% from Q2 1947 to Q1 2024, reaching an all time high of 30.8% in Q3 2020 and a record low of -12.5% in Q2 2020.
Source: U.S. Bureau of Economic Analysis
Related Indicators
Name | Reference | Last | Previous | Unit |
---|---|---|---|---|
Real GDP Growth Rate, Quarter-over-Quarter | Q1 2024 | 1.6 | 3.4 | percent |
Real GDP Growth Rate, Year-over-Year | Q1 2024 | 3.0 | 3.1 | percent |
Real Consumption Expenditures Growth Rate, Quarter-over-Quarter | Q1 2024 | 0.0 | 2.9 | percent |
Real Consumption Expenditures Growth Rate, Year-over-Year | Q1 2024 | 1.9 | 2.0 | percent |
Nominal GDP, National Currency | Q1 2024 | 28,284 | 27,957 | billion |
Nominal GDP, USD | Q1 2024 | 28,284 | 27,957 | billion (USD) |
This page provides the latest values
for United States Real Consumption Expenditures Growth Rate, Quarter-over-Quarter,
long-term historical data, charts,
and statistics.