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

State Personal Income: First Quarter 2007

June 21, 2007 | News Release

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EMBARGOED FOR RELEASE: 8:30 A.M. ET, Thursday, June 21, 2007

Tourism Satellite Accounts, First Quarter 2007

June 20, 2007 | News Release

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U.S. International Transactions: First Quarter 2007

June 15, 2007 | News Release

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

June 8, 2007 | News Release

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U.S. International Trade in Goods and Services: Annual Revision for 2006

June 8, 2007 | News Release

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Gross Domestic Product by State, Advance 2006 Estimates and Revised 2003-2005

June 7, 2007 | News Release

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Foreign Investors' Spending, 2006

June 5, 2007 | News Release

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Personal Income and Outlays, April 2007

June 1, 2007 | News Release

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Gross Domestic Product and Corporate Profits, 1st quarter 2007 (preliminary)

May 31, 2007 | News Release

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

May 10, 2007 | News Release

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