US personal spending grew 0.5% month-over-month in February 2026, totaling $103.2 billion, up from a downwardly revised 0.3% increase in January and in line with expectations. The rise was fueled by higher goods spending (+$58.7 billion), particularly in motor vehicles and parts (+$32.6 billion), nondurable goods (+$9.1 billion), and clothing and footwear (+$8.7 billion). Spending on services also climbed (+$44.5 billion), driven by healthcare (+$15.7 billion), financial services and insurance (+$10.4 billion), and transportation services (+$9.8 billion). However, inflation-adjusted consumer spending inched up just 0.1% after stagnating in January.