June 24, 2025

U.S. International Transactions, 1st Quarter 2025 and Annual Update

The U.S. current-account deficit widened by $138.2 billion, or 44.3 percent, to $450.2 billion in the first quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $312.0 billion. The first-quarter deficit was 6.0 percent of current-dollar gross domestic product, up from 4.2 percent in the fourth quarter.

Principal Federal Economic Indicators

Gross Domestic Product
Q1 2025 (2nd)
-0.2%
Personal Income
April 2025
+0.8%
International Trade in Goods and Services
April 2025
-$61.6 B
International Transactions
Q1 2025
-$450.2 B

Noteworthy

The Latest

U.S. International Trade in Goods and Services, December 2014

February 5, 2015 | News Release

U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce * Washington, DC 20230 U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES December 2014 The U.S. Census Bureau and the U.S.

Consumer Spending Falls In December

February 2, 2015 | The BEA Wire

Personal income rose 0.3 percent in December, the same increase as in November. Wages and salaries, the largest component of personal income, rose 0.1 percent in December after rising 0.6 percent in November.

Personal Income and Outlays, December 2014

February 2, 2015 | News Release

Personal income increased $41.3 billion, or 0.3 percent, and disposable personal income (DPI) increased $35.8 billion, or 0.3 percent, in December, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $40.0 billion, or 0.3 percent. In November, personal income increased $47.2 billion, or 0.3 percent, DPI increased $34.2 billion, or 0.3 percent, and PCE increased $58.8 billion, or 0.5 percent, based…

GDP increases in Fourth Quarter

January 30, 2015 | The BEA Wire

Real gross domestic product (GDP) increased 2.6 percent in the fourth quarter of 2014, according to the “advance” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 5.0 percent. For the full year 2014, real GDP rose 2.4 percent after rising 2.2 percent in 2013.

Fourth-quarter GDP highlights The increase in GDP in the fourth quarter reflected the following:

Gross Domestic Product, 4th quarter and annual 2014 (advance estimate)

January 30, 2015 | News Release

Real gross domestic product -- the value of the production of goods and services in the United States, adjusted for price changes -- increased at an annual rate of 2.6 percent in the fourth quarter of 2014, according to the "advance" estimate released by the Bureau of Economic Analysis.

Widespread Growth Across Industries Continues in Third Quarter 2014

January 22, 2015 | The BEA Wire

Real gross domestic product (GDP) increased at an annual rate of 5.0 percent in the third quarter of 2014, reflecting positive contributions from 20 of 22 industry groups. The private goods- and services-producing industries, as well as the government sector, contributed to the increase.

Introducing the New BEA Health Care Satellite Account

January 22, 2015 | The BEA Wire

Total health care spending reached 17.4 percent of gross domestic product (GDP) in 2013, and that share is expected to continue to grow significantly, according to the Centers for Medicare and Medicaid Services. Given this trend, it is critical to develop an understanding of what those increased expenditures represent.  Are the increases attributable to rising costs of treatment or more individuals receiving medical care? What medical…

Gross Domestic Product by Industry, 3rd quarter, 2014

January 22, 2015 | News Release

Real gross domestic product (GDP) increased at an annual rate of 5.0 percent in the third quarter of 2014, reflecting positive contributions from 20 of 22 industry groups. The private goods- and services-producing industries, as well as the government sector, contributed to the increase. Finance and insurance; mining; and real estate and rental and leasing were the leading contributors to the increase.

New Health Care Statistics to be Released Jan. 22

January 14, 2015 | The BEA Wire

New statistics tracking the changes in the prices to treat different diseases are slated to be available Thursday, Jan. 22 when the Bureau of Economic Analysis publishes a new health care satellite account report.

Arts and Cultural Production Satellite Account

January 12, 2015 | News Release

This release is available as a PDF download.