US Consumer Spending Growth Holds Steady at Half a Percent Through November
US consumer spending grew 0.5 percent in both October and November. This steady expansion supports expectations for a robust fourth quarter economic performance.
The U.S. Commerce Department Bureau of Economic Analysis (BEA) released November and October consumer spending data on January 22, 2026, showing 0.5% monthly growth in both months. This result matched economist forecasts polled by Reuters, who had anticipated a 0.5% increase for November. The release provides evidence for sustained economic expansion, even though the publication was delayed by a 43-day government shutdown that disrupted inflation data collection, though the consumer spending figures themselves were not affected by the shutdown.
