Personal Consumption Expenditures

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Personal Consumption Expenditures

A measure of inflation in the United States that considers how much people spend on household goods and services, while also weighting for the relative demand for those particular goods and services. In addition to calculating raw changes in prices, PCE measures rises and declines in demand based on those price changes, which, in turn, may enhance or dampen the effects of inflation. The PCE is compiled by the U.S. Department of Commerce and has little effect on the market because its results are usually predictable. It is not as widely used as the Consumer Price Index, which does not consider changes in demand as they occur. See also: PCEPI.
References in classic literature ?
When we had done this, and bought our cigarettes, and the inevitable clothes and shoes, there remained to each of us, for personal spending, a sum that varied between seventy cents and a dollar for the week.
Chitty's personal spending included PS102,000 on cryptocurrencies, PS58,000 on luxury goods, PS24,000 on a Rolex watch and PS20,000 towards his wedding.
Nairobi Governor Mike Sonko has defended his Sh96 million confidential budget, saying it's not for his personal spending but rather operation expenses.
Personal spending, which accounts for about 60 percent of Japan's GDP, fell 0.1 percent, as a string of natural disasters, including torrential rains that killed more than 200 people in the western region, discouraged consumers from spending money at stores, restaurants and tourist spots.
CardNav also enables members to set personal spending limits that help them stay within their budget goals.
AHEAD TEACHER has been struck off the teaching register for plundering school funds to pay for personal spending.
CardGuard also allows customers to set limits for their purchases, managing personal spending habits.
currency also slid against most major peers after a report showed personal spending barely increased in February and the prior month's advance was revised down as Americans saved more of their incomes.
Other core measures include patient safety, addictive behavior, health communities, access to care, personal spending burden and community engagement.
This is even more the case when you consider that consumer spending represents such a huge amount of the US economy, and investors will be closely monitoring the Personal Spending figures.
Array Health, which is working with Blue Cross Blue Shield of Arizona to launch a private exchange platform online, has included Utah-based HealthEquity Inc to the plans and this is intended to allow BCBS to offer HealthEquity's personal spending account options, including Health Savings Accounts and Flexible Spending Accounts.
Under the Mortgage Market Review (MMR), lenders now have to spend more time questioning anyone looking to buy a home or remortgage about their personal spending habits, to assess whether they can afford their mortgage.

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