June 26, 2025

Gross Domestic Product, 1st Quarter 2025 (Third Estimate), GDP by Industry, and Corporate Profits (Revised)

Real gross domestic product (GDP) decreased at an annual rate of 0.5 percent in the first quarter of 2025 (January, February, and March), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent. The decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment and consumer spending.

Principal Federal Economic Indicators

Gross Domestic Product
Q1 2025 (3rd)
-0.5%
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

Personal Income and Outlays, July 2007

August 31, 2007 | News Release

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Gross Domestic Product: Second Quarter 2007 "preliminary" estimates

August 30, 2007 | News Release

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U.S. International Trade in Goods and Services: June 2007

August 14, 2007 | News Release

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Personal Income for Metropolitan Areas, 2006

August 7, 2007 | News Release

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EMBARGOED FOR RELEASE: 8:30 A.M. ET, Tuesday, August 7, 2007

Personal Income and Outlays, June 2007

July 31, 2007 | News Release

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Gross Domestic Product: Second Quarter 2007 "advance" estimates

July 27, 2007 | News Release

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U.S. International Trade in Goods and Services: May 2007

July 12, 2007 | News Release

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Personal Income and Outlays, May 2007

June 29, 2007 | News Release

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Gross Domestic Product and Corporate Profits: First Quarter 2007 "final" estimates

June 28, 2007 | News Release

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U.S. International Investment Position, 2006

June 28, 2007 | News Release

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