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: January 2006

March 9, 2006 | News Release

Available for this release: Full Release (PDF - ) | Information Section, Tables (XLS - ), Monthly Highlights (PDF - ), Annual Highlights (PDF - )

Personal Income and Outlays, January 2006

March 1, 2006 | News Release

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Gross Domestic Product: Fourth Quarter 2005 "preliminary" estimates

February 28, 2006 | News Release

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U.S. International Trade in Goods and Services: December 2005

February 10, 2006 | News Release

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Personal Income and Outlays, December 2005

January 30, 2006 | News Release

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Gross Domestic Product: Fourth Quarter 2005 "advance" estimates

January 27, 2006 | News Release

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U.S. International Trade in Goods and Services: November 2005

January 12, 2006 | News Release

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

December 21, 2005 | News Release

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