Personal Consumption Expenditures (PCE):  1950-2000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1950

1955

1960

1965

1970

1975

1980

1985

1990

1995

2000

 

 

 

 

 

 

 

 

 

 

 

 

Total PCE (Billions of constant $)

 $192.70

 $259.00

 $332.30

 $444.30

 $648.90

$1,030.30

$1,762.90

$2,712.60

$3,831.50

$4,969.00

$6,683.70

Total PCE (Billions of 2000 $)

$1,336.00

$1,616.00

$1,876.00

$2,354.00

$2,798.00

$3,200.00

$3,576.00

$4,209.00

$4,907.00

$5,523.00

$6,684.00

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Population (millions)

151

165

179

191

203

215

227

238

249

265

281

PCE per capita (thousands of 2000 $)

$8.8

$9.8

$10.5

$12.3

$13.8

$14.9

$15.8

$17.7

$19.7

$20.8

$23.8

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Spending (as % of PCE)

 

 

 

 

 

 

 

 

 

 

 

Durable goods

15.9%

15.0%

13.0%

14.2%

13.1%

13.0%

12.2%

13.4%

12.2%

11.9%

12.0%

Motor vehicles and parts

7.1%

6.8%

5.9%

6.7%

5.5%

5.3%

4.9%

6.5%

5.4%

5.0%

5.0%

Furniture and household equipment

7.1%

6.3%

5.4%

5.6%

5.5%

5.3%

4.9%

4.7%

4.5%

4.5%

4.6%

Other

1.7%

1.8%

1.7%

1.8%

2.1%

2.3%

2.3%

2.2%

2.3%

2.3%

2.4%

Nondurable goods

51.0%

48.1%

46.0%

43.1%

41.9%

40.8%

39.5%

34.2%

32.5%

30.1%

29.5%

Food

28.0%

26.5%

24.8%

22.7%

22.2%

21.7%

20.2%

17.2%

16.6%

15.2%

14.3%

Clothing and shoes

10.2%

9.0%

8.1%

7.7%

7.4%

6.9%

6.1%

5.6%

5.3%

5.0%

4.7%

Gasoline and oil

2.9%

3.3%

3.6%

3.3%

3.4%

3.9%

4.9%

3.6%

2.8%

2.3%

2.5%

Fuel oil and coal

1.8%

1.5%

1.1%

1.0%

0.7%

0.8%

0.9%

0.5%

0.3%

0.3%

0.3%

Other

8.2%

7.9%

8.3%

8.5%

8.3%

7.6%

7.4%

7.3%

7.4%

7.4%

7.8%

Services

33.1%

36.8%

41.0%

42.7%

45.0%

46.2%

48.4%

52.4%

55.3%

58.0%

58.5%

Housing

11.3%

13.3%

14.5%

14.7%

14.5%

14.3%

14.5%

15.0%

15.3%

14.9%

14.4%

Household operation

4.9%

5.5%

6.1%

6.0%

5.8%

6.2%

6.5%

6.7%

5.9%

6.0%

5.8%

Transportation

3.2%

3.3%

3.4%

3.3%

3.7%

3.5%

3.7%

3.7%