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 Trade in Goods and Services: April 2006

June 9, 2006 | News Release

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U.S. International Trade in Goods and Services: Annual Revision for 2005

June 9, 2006 | News Release

Available for this release: Full Release (PDF - ) | Tables (XLS - )

Tourism Satellite Accounts, First Quarter 2006

June 7, 2006 | News Release

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Advance 2005 and Revised 1998-2004 Gross State Product (GSP) Estimates

June 6, 2006 | News Release

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Foreign Investors' Spending to Acquire or Establish U.S. Businesses, 2005 [6/1/06]

June 1, 2006 | News Release

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Personal Income and Outlays, April 2006

May 26, 2006 | News Release

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Table Headers and Stubs for the August 1, 2006 Personal Income and Outlays Annual Revision News Release

Gross Domestic Product and Corporate Profits: First Quarter 2006 "preliminary" estimates

May 25, 2006 | News Release

Available for this release: Full Release (PDF) | Technical Note, Tables (XLS), Highlights (PDF) Sign up for e-mail subscriptions. Note: Table Headers and Stubs for the July 28, 2006 Gross Domestic Product News Release Virginia H.

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

May 12, 2006 | News Release

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Personal Income and Outlays, March 2006

May 1, 2006 | News Release

      Errata:  Data corrected on May 4, 2006: Personal Income Errata Notice,

Gross Domestic Product: First Quarter 2006 "advance" estimates

April 28, 2006 | News Release

Errata: Data corrected on May 4, 2006 (does not affect GDP estimate): Personal Income Errata Notice, Tables: XLS, Tables: text format, Highlights: PDF Available for this release: Full Release (PDF) | Technical Note, Tables (XLS),