The U.S. Personal Consumption Expenditure dashboard tracks consumer spending in the US across a wide range of goods and services to track the US business cycle as well as gauge spending trends and economic sentiment
The U.S. Personal Consumption Expenditure Dashboard is used by Microsoft’s Treasury organization to track spending trends (in trillions of USD) on over 200 individual goods and services (anything from automobiles to museum memberships) purchased in the United States. The dataset is published on a monthly basis by the Bureau of Economic Analysis and is organized into an eight level hierarchy which Power BI can instantly drill into to see changes at the most granular level. This dashboard allows Microsoft to analyze Year-Over-Year trends in spend as well as visualize which goods/services are increasingly important to the U.S. consumer. Moreover, it allows the Treasury team to gauge economic sentiment and understand our position in the business cycle.
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