Personal spending in the United States increased by 0.5% from the previous month to $20.802 trillion in July of 2025, picking up from the upwardly revised 0.4% increase in June and aligning with market expectations. It was the sharpest increase in personal spending in four months, extending the period of resilience from the US consumer despite heightened economic uncertainty and elevated borrowing costs. Spending rebounded sharply for durable goods (1.9% vs -0.8% in June) and rose at a stead pace for services (at 0.4%). In the meantime, consumption nearly stalled for nondurable goods (0.1% vs 0.9%).