United States Real Consumption Expenditures Growth Rate, Year-over-Year
1948–2023
- United States Real GDP increased 2.0% year-over-year in Q4 2023, following an increase of 1.4% in the previous quarter.
- United States Real Consumption Expenditures Growth Rate, Year-over-Year averaged 2.5% from Q1 1948 to Q4 2023, reaching an all time high of 13.9% in Q2 2021 and a record low of -3.5% in Q4 1974.
Source: U.S. Bureau of Economic Analysis
Related Indicators
Name | Reference | Last | Previous | Unit |
---|---|---|---|---|
Real GDP Growth Rate, Quarter-over-Quarter | Q4 2023 | 3.4 | 4.9 | percent |
Real GDP Growth Rate, Year-over-Year | Q4 2023 | 3.1 | 2.9 | percent |
Real Consumption Expenditures Growth Rate, Quarter-over-Quarter | Q4 2023 | 2.9 | 3.9 | percent |
Real Consumption Expenditures Growth Rate, Year-over-Year | Q4 2023 | 2.0 | 1.4 | percent |
Nominal GDP, National Currency | Q4 2023 | 27,957 | 27,610 | billion |
Nominal GDP, USD | Q4 2023 | 27,957 | 27,610 | billion (USD) |
This page provides the latest values
for United States Real Consumption Expenditures Growth Rate, Year-over-Year,
long-term historical data, charts,
and statistics.