Personal Spending
Personal Spending
About This Event
The change in personal spending for February will be released.
Previous: 2%
Forecast: 0.3%
Personal spending measures the change in the inflation-adjusted value of all spending by consumers. Higher than expected personal spending is bullish, while lower than expected personal spending is bearish.
Personal spending in the United States remained unchanged from the previous month in March 2023, following a downwardly revised 0.1 percent increase in February, but better than market expectations of a 0.1 percent decline. The stagnant growth can be attributed to several factors, including the persistently high inflation rate and increased borrowing costs, which are weighing on consumer spending. However, consumption of services rose by 0.4 percent, driven by higher spending on housing, utilities, and healthcare services. On the other hand, consumption of goods decreased by 0.6 percent, led by lower spending on motor vehicles and parts, as well as gasoline and other energy goods. This data suggests that while consumers are still spending on essential services, they are becoming more cautious in their spending habits due to rising prices and interest rates. source: U.S. Bureau of Economic Analysis
Why This Event Matters
Economic releases such as Personal Spending are widely followed because they can shape expectations for growth, inflation, and monetary policy. Traders and investors often use these data points when assessing interest-rate outlooks, Treasury yields, and sector rotation themes. The scheduled timing is March 31, 2023 (America/New_York), subject to source updates.
Source summary: The change in personal spending for February will be released.
Previous: 2% Forecast: 0.3%
Personal spending measures the change in the inflation-adjusted value of all spending by consumers. Higher than expected personal spending is bullish, while lower than expected personal spending is bearish.
Personal spending in the United States remained unchanged from the previous month in March 2023,...
This listing is associated with SPY. Market participants may watch these names around the event window for volatility or news flow.
Frequently Asked Questions
- What is Personal Spending?
- It is a stock market catalyst entry on Catacal—an event or release investors and traders may monitor. Details are summarized from the cited source and may be updated over time.
- When is Personal Spending?
- The calendar shows Mar 31, 2023 (America/New_York). Verify the exact time and any changes using the source link when planning around the event.
- Why does Personal Spending matter for investors?
- Macro releases can influence rate expectations, yields, and sector leadership. Market participants often reassess positioning after the data.
- Which stocks or sectors could be affected?
- Symbols linked to this listing include SPY; other names in the same industry group may also move with related news.
- How is this event categorized?
- Catacal groups this entry under "Economic Data" for navigation. Categories help you find comparable catalysts and build a week-by-week watchlist.
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