For the fiscal year of 2025, mandatory government spending is predicted to sum up to about 4.37 trillion U.S. dollars. It consists primarily of benefit programs such as: social security, Medicare, Medicaid, as well as other programs. Discretionary spending consists of spending controlled by lawmakers through annual appropriation acts. In FY 2025 it is proposed at 1.93 trillion U.S. dollars, and is divided into defense and nondefense spending. Spending for net interest is also listed, which consists of the government's interest payments on debt held by the public, offset by interest income the government receives.
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Graph and download economic data for Federal Government: Current Expenditures (FGEXPND) from Q1 1947 to Q2 2025 about expenditures, federal, government, GDP, and USA.
The total outlays of the United States government added up to about 6.13 trillion U.S. dollars in 2023. This is expected to increase to 6.94 trillion U.S. dollars in 2024, and increase to over eight trillion U.S. dollars by 2029.
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Graph and download economic data for Federal Net Outlays as Percent of Gross Domestic Product (FYONGDA188S) from 1929 to 2024 about outlays, Net, federal, GDP, and USA.
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Consumer Spending in the United States increased to 16350.20 USD Billion in the second quarter of 2025 from 16291.80 USD Billion in the first quarter of 2025. This dataset provides the latest reported value for - United States Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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CBO Projection: Outlays: Discretionary Spending data was reported at 1,607.545 USD bn in 2028. This records an increase from the previous number of 1,562.344 USD bn for 2027. CBO Projection: Outlays: Discretionary Spending data is updated yearly, averaging 1,343.997 USD bn from Sep 2007 (Median) to 2028, with 22 observations. The data reached an all-time high of 1,607.545 USD bn in 2028 and a record low of 1,042.192 USD bn in 2007. CBO Projection: Outlays: Discretionary Spending data remains active status in CEIC and is reported by Congressional Budget Office. The data is categorized under Global Database’s USA – Table US.F003: Federal Government Receipts & Outlays: Projection: Congressional Budget Office.
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Graph and download economic data for Federal Government: Nondefense Consumption Expenditures and Gross Investment (FNDEFX) from Q1 1947 to Q2 2025 about nondefense, investment, gross, federal, consumption expenditures, consumption, government, GDP, and USA.
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United States CBO Projection: Outlays: Discretionary Spending: % of GDP data was reported at 6.131 % in 2018. This records a decrease from the previous number of 6.294 % for 2017. United States CBO Projection: Outlays: Discretionary Spending: % of GDP data is updated yearly, averaging 6.363 % from Sep 2015 (Median) to 2018, with 4 observations. The data reached an all-time high of 6.510 % in 2015 and a record low of 6.131 % in 2018. United States CBO Projection: Outlays: Discretionary Spending: % of GDP data remains active status in CEIC and is reported by Congressional Budget Office. The data is categorized under Global Database’s USA – Table US.F003: Federal Government Receipts & Outlays: Projection: Congressional Budget Office.
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Personal Spending in the United States increased 0.30 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - United States Personal Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Graph and download economic data for Real Personal Consumption Expenditures (PCEC96) from Jan 2007 to Jun 2025 about headline figure, PCE, consumption expenditures, consumption, personal, real, and USA.
In 2023, the average consumer unit in the United States spent about 9,985 U.S. dollars on food. Americans spent the most on housing, at 25,436 U.S. dollars, reflecting around one third of annual expenditure. The total average U.S. consumer spending amounted to 77,280 U.S. dollars.
The global total consumer spending in was forecast to continuously increase between 2024 and 2029 by in total **** trillion U.S. dollars (+***** percent). After the ninth consecutive increasing year, the consumer spending is estimated to reach **** trillion U.S. dollars and therefore a new peak in 2029. Consumer spending here refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending in countries like North America and Europe.
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View data of PCE, an index that measures monthly changes in the price of consumer goods and services as a means of analyzing inflation.
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Graph and download economic data for Real Personal Consumption Expenditures: Goods (DGDSRX1) from Jan 2007 to Jun 2025 about PCE, consumption expenditures, consumption, personal, goods, real, and USA.
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Collected by the Bureau of Economic Analysis (BEA), personal consumption expenditures (PCE) is the primary measure of consumer spending on goods and services in the United States economy. It accounts for about two-thirds of domestic final spending, and thus it is the primary engine that drives future economic growth. PCE shows how much of the income earned by households is being spent on current consumption as opposed to how much is being saved for future consumption. PCE also provides a comprehensive measure of types of goods and services that are purchased by households. Thus, for example, it shows the portion of spending that is accounted for by discretionary items, such as motor vehicles, or the adjustments that consumers make to changes in prices, such as a sharp run-up in gasoline prices. Further, Personal Consumption Expenditures by Function contain classifications that identify the purposes of objectives for which expenditures are made. In the U.S. National Income and Product Accounts (NIPAs), functional breakdowns of expenditures are provided for PCE by Function. NIPAs are a set of accounts that provides a logical and consistent framework for presenting statistics on U.S. economic activity. See Chapter 2 of the NIPA Handbook for further details regarding PCE by Function and NIPAs. In addition, the PCE by Function features several spending categories of arts-related goods and services, including the following items: Membership clubs, sports centers, parks, theaters, and museums Amusements parks, campgrounds, and related recreational services Admissions to specified spectator amusements, such as motion picture theaters, live entertainment, and spectator sports Museums and libraries Sports and recreational goods and related services Sports and recreational vehicles Magazines, newspapers, books, and stationery Photographic goods and services The PCE estimates are available monthly, so they can provide an early indication of the course of economic activity in the current quarter. For example, the PCE estimates for January are released at the end of February, and the estimates for February are released at the end of March; the advance estimates of gross domestic product (GDP) for the first quarter are released at the end of April. The PCE estimates are an integral part of the NIPAs. Data for PCE by Function are available for years 1929-2014. To view expenditures by function on the BEA Web site, users are encouraged to go to Summary NIPA Tables from the Consumer Spending page. The Summary Tables are located under the Estimates tab. On the Summary NIPA Tables page, users can view the PCE by Function Tables 2.5.3., 2.5.4., 2.5.5., and 2.5.6. under "Section 2 - Personal Income and Outlays." Users can interact with the data and choose the years they wish to view (e.g. 1999-2013). Spreadsheets can be downloaded from the Download NIPA Tables page.
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Graph and download economic data for Visa Spending Momentum Index: Discretionary: United States (VISASMIDSA) from Jan 2014 to Jul 2025 about expenditures, indexes, and USA.
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Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q2 2025 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.
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Customer care centers have been influenced by various short- and long-term factors. Recent years have seen significant revenue volatility for customer care centers because of changing economic conditions. The pandemic prompted widespread business shutdowns, dampening consumer spending and investment in customer care centers. However, rising e-commerce sales during lockdowns partially offset losses. As restrictions eased and spending rebounded, providers’ revenue soared in 2021, only to drop sharply in 2022 under the pressure of high inflation, prompting businesses to slash discretionary spending and bring services in-house. Recessionary fears because of high interest rates have kept demand subdued, although a late 2024 rate cut provided modest relief. Competition has intensified as more new and smaller providers enter the market, pushing prices and profit down, although mergers and acquisitions have let larger customer care centers expand market share. Automation has reduced labor costs, benefiting profitability, though this has been constrained by high inflation that has pushed up purchase expenses. Meanwhile, offshoring trends have continued despite legislative attempts to curb them. Overall, revenue for customer care centers in the US has inched downward at a CAGR of 0.2% over the past five years, reaching $11.6 billion in 2025. This includes a 1.6% rise in revenue in that year. Tariffs imposed by the Trump administration in early 2025 are expected to significantly disrupt customer care centers in the short term by raising consumer prices and manufacturing costs, reducing disposable income and potentially triggering a recession. During a downturn, companies may bring such services in-house or seek geographic expansion to offset slowing income, thus constraining revenue for customer care centers. However, long-term prospects remain moderately positive as productivity gains and a growing number of businesses are expected to boost consumer spending and e-commerce sales, heightening demand for providers' services. The industry will adapt through greater specialization, mostly impacting technology and financial clients. Long-term, AI could become so advanced that it may replace employees’ tasks except for the most complicated questions, potentially severely threatening revenue in the coming decades. Overall, revenue for customer care centers in the US is forecast to creep upward at a CAGR of 0.4% over the next five years, reaching $11.8 billion in 2030.
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Employment statistics on the Customer Care Centers industry in the US
For the fiscal year of 2025, mandatory government spending is predicted to sum up to about 4.37 trillion U.S. dollars. It consists primarily of benefit programs such as: social security, Medicare, Medicaid, as well as other programs. Discretionary spending consists of spending controlled by lawmakers through annual appropriation acts. In FY 2025 it is proposed at 1.93 trillion U.S. dollars, and is divided into defense and nondefense spending. Spending for net interest is also listed, which consists of the government's interest payments on debt held by the public, offset by interest income the government receives.