Personal consumption expenditures (PCE), also known as consumer spending, is a measure of the spending on goods and services by people of the United States. According to the Bureau of Economic ...

The unemployment rate came in at 3.9% ... in at 2.8% as measured by the Federal Reserve’s favored core personal consumption expenditures metric, as the swelling of Americans’ pay stubs ...

The personal consumption expenditures index rose 2.6% in December ... while the labor market appears to be in balance and the unemployment rate continues to be at historically low levels." ...