U.S. Bureau reports rise in personal consumption expenditures across all states

Economics
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Vipin Arora Director of U.S. Bureau of Economic Analysis | Official Website

Personal consumption expenditures (PCE) saw an increase across all 50 states and the District of Columbia in 2023, as reported by the U.S. Bureau of Economic Analysis. The changes varied, with Florida experiencing the highest increase at 8.1 percent, while Iowa had the lowest at 4.7 percent. On a national scale, current-dollar PCE rose by 6.4 percent in 2023 following a 9.8 percent rise in 2022.

The report highlighted that consumer spending on health care, housing and utilities, and food services and accommodations were major contributors to this growth nationally.

"Health care increased 8.6 percent nationally and was the largest contributor to growth in 33 states," according to table 2 of the report.

"Housing and utilities increased 7.5 percent nationally and was the largest contributor to growth in 16 states, including Florida and Arizona, the states with the largest increases in PCE."

Meanwhile, "food services and accommodations increased 10.4 percent nationally but was not the largest contributor to growth in any state or the District of Columbia."

In contrast, "gasoline and other energy goods decreased 9.2 percent nationally and was the largest subtraction to growth in 49 states and the District of Columbia, including Iowa, the state with the smallest increase in PCE."

The per capita PCE rose from $53,082 in 2022 to $56,202 in 2023 across all states and D.C., with Massachusetts reporting a high of $69,101 per capita PCE compared to Mississippi's low of $42,131. The District of Columbia had a per capita PCE of $92,037.

The BEA also released revised estimates for PCE by state from 2019 through 2022 based on new data aligning with updates from National Income and Product Accounts as well as state personal income statistics.

"Regional Economic Accounts news releases will no longer include a separate 'Release Highlights' document as part of the releases’ 'Related Materials.' Information previously included in Highlights will continue to be available in the news releases and on BEA's website."

Population figures from the U.S. Census Bureau were used for calculating per capita PCE estimates for recent years while intercensal population statistics were applied for earlier estimates.

Starting September 26, 2025, BEA plans to release quarterly gross domestic product along with annual PCE by state together in one news release instead of separate ones.