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Data from U.S. Bureau of Economic Analysis. Forecasts by Sigmanomics Forecast Engine.
United StatesUS GDP Consumer Spending QoQ climbed to 3.6% in Q2 2015
U.S. Bureau of Economic AnalysisQuarterlyReleased September 2015
US GDP Consumer Spending QoQ climbed to 3.6% in Q2 2015, released September 2015, up 1.8% from March's 1.8% reading. The print exceeded the 3.1% consensus by 0.5%.
Latest Release
3.6
Actual
3.1
Consensus
1.8
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Consumer Spending QoQ (United States) was reported at 3.6% in September 2015. This beat the market consensus of 3.1% by 0.5%. The reading rose from the previous value of 1.8%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Building Permits MoM (Jun 16) and Building Permits (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update September 2015.
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GDP Consumer Spending QoQ - US
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About GDP Consumer Spending QoQ — United States
DEFINITION
GDP Consumer Spending QoQ is a key economic indicator that measures the change in consumer spending from one quarter to the next. It provides valuable insights into the overall health of the economy, as consumer spending is a major driver of economic growth. This indicator is closely monitored by policymakers, investors, and businesses to assess the strength of consumer demand and make informed decisions. A positive QoQ growth in GDP consumer spending indicates a robust economy, while a decline may signal potential economic slowdown.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2015): actual 3.6 %, consensus 3.1 %.
WHAT'S NEXT
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.