Merk Insights     |      Merk Research     |      Merk Perspective     |      Glossary
Home > Merk Insights > Glossary > Personal Spending

What is Personal Spending?
Personal outlays include all consumer purchases of durable goods, non-durable goods and services. One of the more important data releases each month, the personal consumption estimate provides information on consumption which represents close to 70% of overall GDP.