PCE

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PCE

abbr.
perchloroethylene
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Real GDP saw a much smaller decrease in the second quarter primarily due to smaller decreases in nonresidential fixed investment and in exports, an upturn in federal government spending, a smaller decrease in private inventory investment, an upturn in state and local government spending, and a smaller decrease in residential fixed investment that were partly offset by a much smaller decrease in imports and a downturn in personal consumption expenditure.
3 I examined this period because personal consumption expenditure data are available back to January 1959.
5 Personal consumption expenditures 37,905 38,287 38,598
4 percent according to the "second" estimate released, where an increase in personal consumption expenditures (PCE) was smaller than previously estimated.

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