Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Real Consumer Spending QoQ Adv fell to 2.5 in January 2024
FMPMonthlyReleased April 2024
US Real Consumer Spending QoQ Adv fell to 2.5 in January 2024, released April 2024, down 0.8 from December's 3.3 reading. The reading missed the 2.8 consensus by 0.3. Real Consumer Spending QoQ Adv has now declined for 3 consecutive months. Real Consumer Spending QoQ Adv is now the lowest in 6 months.
Latest Release
2.5
Actual
2.8
Consensus
3.3
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 April 2024 reading fell from the previous value of 3.3. Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks) and negatively correlated with EUR/USD (Bearish EUR).
SHARE
Real Consumer Spending QoQ Adv - US
Loading chart data...