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

Guam's Economy Grew 0.6 Percent in 2013

November 19, 2014 | The BEA Wire

Newly published estimates of gross domestic product for Guam show that real GDP – GDP adjusted to remove price changes – increased 0.6 percent in 2013.

New BEA Data Provide Entrepreneurs with a Fortune 500 Research Department

November 18, 2014 | The BEA Wire

Is consumer spending growing faster in North Dakota or North Carolina? How do consumers in different regions respond to economic downturns? Which state has the fastest growing consumer market for motor vehicles?

Gross Domestic Product for the Commonwealth of the Northern Mariana Islands (CNMI), 2013

November 17, 2014 | News Release

This release is available as a PDF download.

 

Widespread Industry Growth Drives Upturn in GDP in Second Quarter

November 17, 2014 | The BEA Wire

Widespread industry growth drove the U.S. economy’s second-quarter rebound, with 19 of the 22 industry groups tracked contributing 6.7 percentage points to real Gross Domestic Product. Finance, insurance, real estate, rental and leasing; manufacturing; and agriculture, forestry, fishing and hunting led the way.

Real GDP increased 4.6 percent in the second quarter, after decreasing 2.1 percent in the first quarter.

Northern Mariana Islands' Economy Grew 4.4 Percent in 2013

November 17, 2014 | The BEA Wire

Newly published estimates of gross domestic product for the Commonwealth of the Northern Mariana Islands (CNMI) show that real GDP – GDP adjusted to remove price changes – increased 4.4 percent in 2013.

Widespread Growth Across Industries in Second Quarter 2014

November 13, 2014 | The BEA Wire

Real gross domestic product (GDP) increased at an annual rate of 4.6 percent in the second quarter of 2014, after decreasing 2.1 percent in the first quarter. Both private goods- and services-producing industries contributed to the increase, while the government sector decreased.

Gross Domestic Product by Industry, 2nd quarter 2014; Revised Statistics of Gross Domestic Product by Industry for 1997 through 1st quarter 2014

November 13, 2014 | News Release

Real gross domestic product (GDP) increased at an annual rate of 4.6 percent in the second quarter of 2014, after decreasing 2.1 percent in the first quarter. Both private goods- and services-producing industries contributed to the increase, while the government sector decreased. Durable‐goods manufacturing; finance and insurance; and retail trade were the leading contributors.

September 2014 Trade Gap is $43.0 Billion

November 4, 2014 | The BEA Wire

The U.S. monthly international trade deficit increased in September 2014 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $40.0 billion in August (revised) to $43.0 billion in September, mainly reflecting a decrease in exports. The previously published August deficit was $40.1 billion. The goods deficit increased $2.4 billion from August to $62.7 billion in September; the services…

Consumer Spending Falls in September

October 31, 2014 | The BEA Wire

Personal Income rose 0.2 percent in September after rising 0.3 percent in August. Wages and salaries, the largest component of personal income, rose 0.2 percent in September after rising 0.5 percent in August.

Current-dollar disposable personal income (DPI), after-tax income, rose 0.1 percent in September after rising 0.3 percent in August.

Real DPI, income adjusted for taxes and inflation, remained flat in…