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, March 2007

April 30, 2007 | News Release

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Gross Domestic Product, 1st quarter 2007 (advance)

April 27, 2007 | News Release

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Local Area Personal Income, 2005

April 26, 2007 | News Release

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EMBARGOED FOR RELEASE: 8:30 A.M. ET, Thursday, April 26, 2007

Advance Gross Domestic Product (GDP) by Industry

April 24, 2007 | News Release

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Summary Estimates for Multinational Companies: Employment, Sales, and Capital Expenditures for 2005

April 19, 2007 | News Release

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

April 13, 2007 | News Release

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Personal Income and Outlays, February 2007

March 30, 2007 | News Release

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Gross Domestic Product, 4th quarter 2006 (final); Corporate Profits, 4th quarter 2006

March 29, 2007 | News Release

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Tourism Satellite Accounts, Fourth Quarter 2006

March 20, 2007 | News Release

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