Personal income rose 0.4 percent in November, and consumption expenditures increased 0.3 percent.
But personal consumption expenditure - the spending of American consumers - rose at a very strong annual rate of 6.1 percent.
It is primarily a consumption expenditure, and that remains the case.
Upon retirement, consumption expenditure may begin to decline however income usually declines dramatically.
Personal consumption expenditures grew at an annual rate of 3.6 percent, suggesting renewed confidence among households.
Another chart shows a similar pattern in personal consumption expenditures, which grew at an annual rate of 3.6 percent.
The rate of growth in personal consumption expenditures on things other than energy and food has slipped, but not by a lot.
First is personal consumption expenditures, the kinds of things that people buy every day for themselves.
Private final consumption expenditure per capita increased by more than 80% over the last decade.
A. We don't see much, if any, correlation between change in the federal funds rate and changes in real personal consumption expenditure.