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

U.S. International Transactions: Fourth Quarter 2006

March 14, 2007 | News Release

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U.S. Trade in Goods and Services, January 2007

March 9, 2007 | News Release

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Personal Income and Outlays, January 2007

March 1, 2007 | News Release

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Gross Domestic Product, 4th quarter 2006 (preliminary)

February 28, 2007 | News Release

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Personal Income and Outlays, December 2006

February 1, 2007 | News Release

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Gross Domestic Product, 4th quarter 2006 (advance)

January 31, 2007 | News Release

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U.S. International Trade in Goods and Services: November 2006

January 10, 2007 | News Release

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County Estimates of Compensation by Industry, 2003-2005

December 29, 2006 | News Release

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EMBARGOED FOR RELEASE: 8:30 A.M. ET, Friday, December 29, 2006

Personal Income and Outlays: November 2006

December 22, 2006 | News Release

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Gross Domestic Product: Third Quarter 2006 "final" estimates

December 21, 2006 | News Release

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