June 27, 2025

Split Personal Income and Outlays, May 2025 and Gross Domestic Product by State and Personal Income by State, 1st Quarter 2025

Personal Income and Outlays, May 2025

Personal income decreased $109.6 billion (0.4 percent at a monthly rate) in May, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—decreased $125.0 billion (0.6 percent) and personal consumption expenditures (PCE) decreased $29.3 billion (0.1 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—decreased $27.6 billion in May. Personal saving was $1.01 trillion in May and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.5 percent.

Gross Domestic Product by State and Personal Income by State, 1st Quarter 2025

Real gross domestic product decreased in 39 states in the first quarter of 2025, with the percent change ranging from 1.7 percent at an annual rate in South Carolina to –6.1 percent in Iowa and Nebraska.

Personal income, in current dollars, increased in all 50 states and the District of Columbia in the first quarter of 2025, with the percent change ranging from 12.7 percent at an annual rate in North Dakota to 3.2 percent in Washington state.

Principal Federal Economic Indicators

Gross Domestic Product
Q1 2025 (3rd)
-0.5%
Personal Income
May 2025
-0.4%
International Trade in Goods and Services
April 2025
-$61.6 B
International Transactions
Q1 2025
-$450.2 B

Noteworthy

The Latest

Personal Income and Outlays, August 2009

October 1, 2009 | News Release

Personal income increased $19.3 billion, or 0.2 percent, and disposable personal income (DPI) increased $15.5 billion, or 0.1 percent, inAugust, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $129.6 billion, or 1.3 percent.

Gross Domestic Product: Second Quarter 2009 (Third Estimate)

September 30, 2009 | News Release

GROSS DOMESTIC PRODUCT: SECOND QUARTER 2009 (THIRD ESTIMATE) CORPORATE PROFITS: SECOND QUARTER 2009 (REVISED ESTIMATE) Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 0.7 percent in the second quarter of 2009, (that is, from the first quarter to the second quarter), according…

GDP by Metropolitan Area, Accelerated 2008, 2007, and Revised 2005 - 2006

September 24, 2009 | News Release

 

ECONOMIC SLOWDOWN WIDESPREAD IN 2008

Travel and Tourism Satellite Accounts, 2nd Quarter 2009

September 23, 2009 | News Release

QUARTERLY TOURISM ESTIMATES WILL NOT BE DISCONTINUED (SEE THE BOX NEXT RELEASE)

-->

 

-->

U.S. International Trade in Goods and Services, July 2009

September 10, 2009 | News Release

U.S. International Trade in Goods and Services DECEMBER 2007

-->

Personal Income and Outlays, July 2009

August 28, 2009 | News Release

Personal income increased $3.8 billion, or less than 0.1 percent, and disposable personal income (DPI) decreased $4.6 billion, or less than 0.1 percent, inJuly, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $25.0 billion, or 0.2 percent.

Gross Domestic Product and Corporate Profits: Second Quarter 2009 (Second Estimate)

August 27, 2009 | News Release

GROSS DOMESTIC PRODUCT: SECOND QUARTER 2009 (SECOND ESTIMATE) CORPORATE PROFITS: SECOND QUARTER 2009 (PRELIMINARY ESTIMATE) Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 1.0 percent in the second quarter of 2009, (that is, from the first quarter to the second quarter), according to…

U.S. International Trade in Goods and Services, June 2009

August 12, 2009 | News Release

U.S. International Trade in Goods and Services DECEMBER 2007

-->

Personal Income for Metropolitan Areas, 2008

August 6, 2009 | News Release

WASHINGTON DC, August 6, 2009 – Personal income growth slowed in 2008 in most of the nation's metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income growth slowed in 322 MSAs, increased in 42, and remained unchanged in 2 MSAs. On average, MSA personal income grew 3.3 percent in 2008, down from 6.0 percent in 2007.

 

Personal Income and Outlays, June 2009

August 4, 2009 | News Release

Personal income decreased $159.8 billion, or 1.3 percent, and disposable personal income (DPI) decreased $143.8 billion, or 1.3 percent, inJune, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $41.4 billion, or 0.4 percent. In May, personal income increased $155.1 billion, or 1.3 percent, DPI increased $168.7 billion, or 1.6 percent, and PCE increased $9.0 billion, or 0.1 percent, based on…