July 30, 2025

Gross Domestic Product, 2nd Quarter 2025 (Advance Estimate)

Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2025 (April, May, and June), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.5 percent. The increase in real GDP in the second quarter primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP, and an increase in consumer spending. These movements were partly offset by decreases in investment and exports.

Principal Federal Economic Indicators

Gross Domestic Product
Q2 2025 (Adv)
+3.0%
Personal Income
May 2025
-0.4%
International Trade in Goods and Services
May 2025
-$71.5 B
International Transactions
Q1 2025
-$450.2 B

Noteworthy

The Latest

Personal Income and Outlays, July 2015

| News Release

Personal income increased $67.1 billion, or 0.4 percent, and disposable personal income (DPI) increased $61.5 billion, or 0.5 percent, in July, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $37.4 billion, or 0.3 percent.

GDP Increases in Second Quarter

| The BEA Wire

Real gross domestic product (GDP) increased 3.7 percent in the second quarter of 2015, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was revised up 1.4 percentage points from the “advance” estimate released in July. In the first quarter, real GDP increased 0.6 percent.

GDP highlights The second-quarter increase in real GDP mainly reflected an increase in consumer spending. Spending on…

Gross Domestic Product, 2nd quarter 2015 (second estimate); Corporate Profits, 2nd quarter 2015 (preliminary estimate)

| News Release

Real gross domestic product -- the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production, adjusted for price changes -- increased at an annual rate of 3.7 percent in the second quarter of 2015, according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.6 percent. The GDP estimate released today…

BEA Conducts Survey of Financial Services; Information Used to Produce Economic Statistics that Inform Public

| The BEA Wire

BEA is conducting a survey that tracks transactions between U.S. financial services providers and foreign residents. Data from this survey will be used to produce international and national economic statistics that aid decision-making by businesses and policymakers and provide the American public with a deeper understanding of the United States’ trade relationships around the globe.

Here’s what potential filers need to know about the…

New Statistics on the Activities of U.S. Multinational Enterprises are Now Available

| The BEA Wire

Detailed statistics on the worldwide activities of U.S. multinational enterprises in 2013, including the finances and operations of U.S. parent companies and their foreign affiliates, are now available from the U.S. Bureau of Economic Analysis.

Health Care Statistics for 2011 and 2012 Now Available

| The BEA Wire

The Bureau of Economic Analysis released today statistics providing information on health care spending and price trends in the United States for 2011 and 2012. On January 22, BEA for the first time released statistics showing how much is spent in the United States to treat different diseases and medical conditions as well as trends in health care prices for 2000 through 2010. The new data are available on BEA's website in section called the…

June 2015 Trade Gap is $43.8 Billion

| The BEA Wire

The U.S. monthly international trade deficit increased in June 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $40.9 billion in May (revised) to $43.8 billion in June, as exports decreased and imports increased. The previously published May deficit was $41.9 billion. The goods deficit increased $2.9 billion from May to $63.5 billion in June. The services surplus decreased less…

U.S. International Trade in Goods and Services, June 2015

| News Release

U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce * Washington, DC 20230 U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES JUNE 2015 The U.S. Census Bureau and the U.S.

Real Consumer Spending Flat in June

| The BEA Wire

Personal income increased 0.4 percent in June and in May. Wages and salaries rose 0.2 percent in June after rising 0.4  percent May.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.5 percent in June after rising 0.4 percent in May.

Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in June after increasing 0.1 percent in May.

Personal Income and Outlays, June 2015; Includes historical revisions

| News Release

Personal income increased $68.1 billion, or 0.4 percent, and disposable personal income (DPI) increased $60.6 billion, or 0.5 percent, in June, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $25.9 billion, or 0.2 percent.