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Gallup US Consumer Spending Measure  
Released On 4/3/2017 8:30:00 AM For Mar, 2017
level$101 $100 

March daily self-reports of spending averaged $100, about the same as the $101 average in February. This is the highest spending estimate for any March in Gallup's tracking since 2008, topping the $89 from March 2013 and 2016. March has not generally been one of the higher spending months over the past decade; it had the lowest monthly spending averages in 2008 and 2009.

The latest figure is the eighth daily spending average of $100 or more that Gallup has recorded for any given month during nine years of tracking the metric. Half of these spending averages have occurred in the past year, while the other four took place in 2008 before the global financial crisis.

Those in households with annual incomes of $90,000 or more typically spend more than twice as much as those making less than $90,000, and that was the pattern in March as well (average daily spending of $163 vs. $75, respectively).

Self-reported consumer spending is a new behavioral economics measure based on the individual reports of a random sample of Americans. The focus is on consumer discretionary spending, including on basics such as gas purchases at the pump and more optional impulse purchases online or in stores. Excluded are routine spending, including the consumer's monthly bills, and big purchase items such as automobiles and housing.  Why Investors Care

2017 Release Schedule
Released On: 1/42/63/64/35/16/57/38/7
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