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Data from U.S. Bureau of Economic Analysis. Forecasts by Sigmanomics Forecast Engine.
United StatesUS GDP Consumer Spending QoQ Adv fell to 3.2% in Q3 2015
U.S. Bureau of Economic AnalysisQuarterlyReleased October 2015
US GDP Consumer Spending QoQ Adv fell to 3.2% in Q3 2015, released October 2015, down 0.4% from June's 3.6% reading. The reading matched the 3.3% consensus. The print is running well above the 12-month average of 2.9%.
Latest Release
3.2
Actual
3.3
Consensus
3.6
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 | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Moves with | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Moves against | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Moves against | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Consumer Spending QoQ Adv (United States) was reported at 2.2% in January 2016. The reading fell from the previous value of 3%.
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 MBA 30-Year Mortgage Rate (Aug 26) and Durable Goods Orders MoM (Aug 26).
Auto-generated from current model state · Refreshes on each release · Last update January 2016.
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GDP Consumer Spending QoQ Adv - US
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About GDP Consumer Spending QoQ Adv — United States
DEFINITION
GDP Consumer Spending QoQ Adv is a key economic indicator that measures the change in consumer spending from one quarter to the next. It is an important measure of the overall health of the economy, as consumer spending accounts for a significant portion of GDP. A positive QoQ (quarter-over-quarter) advancement in consumer spending indicates a growing economy, while a negative advancement may signal a slowdown. This indicator is closely monitored by policymakers, businesses, and investors to assess the strength of consumer demand and make informed decisions.
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 (Oct 2015): actual 2.2 %. Prior reading (Jul 2015): 3.2 %. Before that (Apr 2015): 2.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print. Current dynamics are the primary headwind in the projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.
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Economic Calendar - US Events
| Tuesday, August 25, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | US | Building Permits MoM | 4.3 | -2.6 | 5 | 4.47 | Low |
| 12:30 | US | Building Permits | 1.433 | 1.374 | 1.443 | 1.44 | Low |
| 13:00 | US | House Price Index | 442.5 | 442.4 | 442.8 | 442.65 | Low |
| 13:00 | US | S&P/Case-Shiller Home Price MoM | 0.4 | 0.9 | 0.4 | 0.40 | Low |
| 13:00 | US | S&P/Case-Shiller Home Price YoY | 2.1 | 1.6 | 1.7 | 1.90 | Medium |
| 13:00 | US | House Price Index YoY | 2.3 | 2.4 | 2.2 | 2.25 | Low |
| 13:00 | US | House Price Index MoM | 0 | 0.3 | 0.2 | 0.10 | Low |
| 14:00 | US | Richmond Fed Manufacturing Index | 4 | 5 | 7 | 8.50 | Low |
| 14:00 | US | New Home Sales | 0.607 | 0.678 | 0.62 | 0.60 | Medium |
| 14:00 | US | Richmond Fed Services Index | -8 | -3 | -1 | -1.25 | Low |
| 14:00 | US | Richmond Fed Manufacturing Shipments Index | 11 | 8 | 7 | 12.25 | Low |
| 14:00 | US | CB Consumer Confidence | 89.4 | 90.2 | 90.3 | 89.85 | High |
| 22:00 | US | API Crude Oil Stock Change | 4.2 | -0.328 | 1.8 | 3.00 | Medium |
| Wednesday, August 26, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Non Defense Goods Orders Ex Air | 0.9 | 0.9 | 0.15 | Low | |
| 12:30 | US | Durable Goods Orders MoM | 0.3 | 0.7 | 2.90 | High | |
| 12:30 | US | Durable Goods Orders Ex Transp MoM | 0.6 | 0.6 | 0.90 | Medium | |
| 12:30 | US | PCE Price Index MoM | -0.1 | 0.1 | 0.05 | Medium | |
| 12:30 | US | Durable Goods Orders Ex Defense MoM | 0.3 | 0.1 | 3.05 | Low | |
| 12:30 | US | Corporate Profits QoQ | 0.5 | 0.7 | -2.35 | Medium | |
| 12:30 | US | Core PCE Price Index YoY | 3.3 | 3.3 | 3.30 | Low | |
| 12:30 | US | Core PCE Price Index MoM | 0.1 | 0.2 | 0.15 | High | |
| 12:30 | US | PCE Price Index YoY | 3.7 | 3.6 | 3.60 | Medium | |
| 12:30 | US | Personal Income MoM | 0.2 | 0.2 | 0.00 | High | |
| 12:30 | US | Personal Spending MoM | 0.3 | 0.1 | 0.05 | High | |
| 12:30 | US | Real Consumer Spending | 3.2 | 3.2 | 3.20 | Low | |
| 14:30 | US | EIA Distillate Stocks Change | -1.53 | -1.7 | -2.25 | Low | |
| 14:30 | US | EIA Gasoline Stocks Change | 0.688 | -1 | -1.09 | Medium | |
| 14:30 | US | EIA Crude Oil Stocks Change | 4.405 | 1.9 | 2.29 | Medium | |
| Thursday, August 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Goods Trade Balance Adv | -101.4 | -99 | -99.00 | Medium | |
| 12:30 | US | Jobless Claims 4-Week Average | 204 | 203 | 202.00 | Low | |
| 12:30 | US | Initial Jobless Claims | 206 | 208 | 210.00 | Medium | |
| 12:30 | US | Retail Inventories Ex Autos MoM | -0.4 | 0 | 0.00 | Medium | |
| 12:30 | US | Wholesale Inventories MoM | 0.2 | 0.1 | 0.10 | Medium | |
| 12:30 | US | Continuing Jobless Claims | 1799 | 1790 | 1793.00 | Low | |
| 12:30 | US | Goods Trade Balance | -101.41 | -99.9 | -99.90 | Medium | |
| 15:00 | US | Kansas Fed Manufacturing Index | 17 | 14 | 14.00 | Low | |
| 15:00 | US | Kansas Fed Composite Index | 9 | 8 | 8.00 | Low | |