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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS GDP Private Consumption QoQ fell to 0.1% in Q4 2024
FMPQuarterlyReleased February 2025
US GDP Private Consumption QoQ fell to 0.1% in Q4 2024, released February 2025, down 0.6% from October's 0.7% reading. The print exceeded the -0.3% consensus by 0.4%.
Latest Release
0.100000
Actual
-0.300000
Consensus
0.700000
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 Private Consumption QoQ (United States) was reported at 0.1% in November 2024. This beat the market consensus of -0.3% by 0.4%. The reading fell from the previous value of 0.7%.
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 NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update February 2025.
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GDP Private Consumption QoQ - US
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About GDP Private Consumption QoQ — United States
DEFINITION
GDP Private Consumption QoQ is a financial indicator that measures the change in the value of goods and services purchased by households and individuals within a country over a specific quarter. It is a key component of a country's Gross Domestic Product (GDP) and provides insight into the overall health and stability of its economy. A positive QoQ growth in private consumption indicates an increase in consumer spending, which can drive economic growth and stimulate business activity. This indicator is closely monitored by economists, policymakers, and investors as it reflects the level of consumer confidence and their ability to contribute to the economy.
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'S NEXT
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.