Consumer Consumption
Consumer spending or consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. Its determined in United States by the Consumer Expenditure Survey. The Consumer Expenditure Survey (CE) is a national account conducted by the Bureau of Labor Statistics (BLS) of the United States Department of Labor and administered by the Census Bureau. The program consists of two surveys — the Interview and the Diary survey — which provides information on the buying habits of American consumers. (Source: U.S. Department of Commerce: Bureau of Economic Analysis, Wikipedia).