Skip to content
Dunn To PerfectionFoundation

Macroeconomics for Gold Markets · Module 2: Growth, Jobs & Cycles · Lesson 3

Consumer Spending

Intermediate 6 minLesson 7 of 12

Learning objectives

  • Explain consumer spending in plain language
  • Understand why it matters to markets
  • Recognise a common misconception

The concept

Household spending on goods and services — about two-thirds of U.S. GDP.

Why it matters

It shows economic momentum.

How markets interpret it

Retail sales and PCE data track it.

Key takeaways

  • Consumers drive most of U.S. GDP.

Knowledge check

Consumer spending is roughly what share of U.S. GDP?

Sign in free to mark lessons complete, save them, and track your progress.

Continue learning freeJoin the free communityDownload free guide