US: Consumer Spending Rises Slightly Less than Expected.

US personal consumption expenditures increased by 0.5% in September 2026, following a 0.9% rise in August and coming slightly below forecasts of 0.6%. The $113.1 billion increase in current-dollar PCE in September reflected increases of $35.1 billion in spending on goods and $78.1 billion in spending on services. Within goods, spending on gasoline and other enrgy goods climbed 45.7%.In services Service-sector 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%, while disposable personal income increased 0.2%.