U.S. personal consumption growth

Projected real growth in personal consumption expenditures.

United States · %3 extracted figures3 institutions1 comparable groups

2026 Q4 · Quarterly SAAR

3 institutions
Forecasts by report dateUnited States
1.50%2.07%2.40%CONSENSUSJUL 26JUL 26JUL 26Wells Fargo · 2.3% · 2026-07-30RBC · 1.5% · 2026-07-13Fannie Mae · 2.4% · 2026-07-10Fannie Mae 2.4%

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
Wells Fargo2026 Q4“Personal Consumption | 2026 4Q | 2.3” — U.S. Economic Forecast table · 2026 Q4 · source ↗2026-07-302.3%
RBC2026 Q4“Consumer Expenditures | 2026 Q4 | 1.5” — U.S. Forecast Detail · 2026 Q4 · source ↗2026-07-131.5%
Fannie Mae2026 Q4“Personal Consumption Expenditures (PCE) | 26.4 | 2.4” — Economic Forecast table · 2026 Q4 · source ↗2026-07-102.4%
Readout
Consensus
2.07%
Spread
+0.90%
Low
1.50%
High
2.40%
Reporting
3
Basis
Quarterly SAAR