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

Advance Estimates of Gross Domestic Product by State for 2005 by NAICS Sector (formerly GSP)

October 26, 2006 | News Release

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U.S. International Trade in Goods and Services, August 2006

October 12, 2006 | News Release

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Personal Income and Outlays, August 2006

September 29, 2006 | News Release

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Gross Domestic Product and Corporate Profits: Second Quarter 2006 "final" estimates

September 28, 2006 | News Release

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Research and Development Satellite Account

September 28, 2006 | News Release

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State Quarterly personal Income, 1st quarter 2003-2nd quarter 2006; Revised State Personal Income, 2003-2005

September 26, 2006 | News Release

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EMBARGOED FOR RELEASE: 8:30 A.M. ET, Tuesday, September 26, 2006

Tourism Satellite Accounts, Second Quarter 2006

September 20, 2006 | News Release

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U.S. International Transactions: Second Quarter 2006

September 18, 2006 | News Release

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

September 12, 2006 | News Release

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Personal Income for Metropolitan Areas, 2005

September 6, 2006 | News Release

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EMBARGOED FOR RELEASE: 8:30 A.M. ET, Wednesday, September 6, 2006