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

Gross Domestic Product by Industry

April 27, 2006 | News Release

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Local Area Personal Income, 2002-2004

April 25, 2006 | News Release

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EMBARGOED FOR RELEASE: 8:30 A.M. ET, Tuesday, April 25, 2006

Summary Estimates for Multinational Companies: Employment, Sales, and Capital Expenditures for 2004

April 20, 2006 | News Release

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

April 12, 2006 | News Release

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Personal Income and Outlays, February 2006

March 31, 2006 | News Release

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Gross Domestic Product and Corporate Profits: Fourth Quarter 2005 "final" estimates

March 30, 2006 | News Release

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Tourism Satellite Accounts: Fourth Quarter 2005

March 20, 2006 | News Release

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BEA Launches New FAQ Database

March 16, 2006 | News Release

Looking for answers to your economic statistics questions just got easier. The Bureau of Economic Analysis (BEA) introduces a new Frequently Asked Questions (FAQ) database on our Web site. The FAQ database is a customer-driven portal that allows you to find answers to questions about our data and submit ideas for new questions and answers. Cant wait to try it out?

U.S. International Transactions: Fourth Quarter and Year 2005

March 14, 2006 | News Release

FOR WIRE TRANSMISSION: 8:30 A.M. EST, TUESDAY, March 14, 2006 Christopher Bach: (202) 606-9545 BEA 06-08 U.S. International Transactions: Fourth Quarter and Year 2005 Fourth Quarter Current Account The U.S. current-account deficit--the combined balances on trade in goods and services, income, and net unilateral current…