Bureau of Economic Analysis

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.

Current Release

Principal Federal Economic Indicators

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Gross Domestic Product
Q1 2025 (3rd)
-0.5%
View
Personal Income
April 2025
+0.8%
View
International Trade in Goods and Services
April 2025
-$61.6 B
View
International Transactions
Q1 2025
-$450.2 B
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