FX.co ★ US Consumer Spending Rises Slightly Less than Expected

US personal consumption expenditures (PCE) rose 0.5% in September 2026, following a 0.9% increase in August and coming in slightly below the consensus forecast of 0.6%. The $113.1 billion increase in current‑dollar PCE in September reflected a $35.1 billion rise in spending on goods and a $78.1 billion increase in spending on services. Within goods, spending on gasoline and other energy goods increased by $45.7 billion. On the services side, spending was led by transportation (18.4%), housing and utilities (17.8%), and food services and accommodation (15.5%), followed by healthcare (13.0%) and financial services and insurance (11.1%). Meanwhile, personal income rose 0.2%, and disposable personal income also increased 0.2%.