personal consumption expenditures Archives - Marketplace

Consumers have shifted spending away from goods and toward services

by Justin Ho

May 26, 2022

But they'll shift back when goods they want — like cars — become available.

Consumers experiencing economic difficulties may cut back on expenses like dining out, says Washington Post personal finance columnist Michelle Singletary.

Jeenah Moon/Getty Images

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When it comes to inflation measures, the Federal Reserve prefers the PCE

by Kai Ryssdal and Sean McHenry

Apr 29, 2022

For monetary officials, the personal consumption expenditures gauge beats the CPI. A trip to the grocery store helps explain why.

When pressed about fighting inflation, survey participants say they want to hold the line on prices for essentials, says Eric Plutzer of the McCourtney Institute for Democracy. But "those policies require the Congress and the president to work together."

Frederic J. Brown/AFP via Getty Images

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