September 26, 2025

Split Personal Income and Outlays, October 2025 and Gross Domestic Product by State and Personal Income by State, 2nd quarter 2025 and Personal Consumption Expenditures by State, 2024

Personal Income and Outlays, August 2025

Personal income increased $95.7 billion (0.4 percent at a monthly rate) in August, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $86.1 billion (0.4 percent) and personal consumption expenditures (PCE) increased $129.2 billion (0.6 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $132.9 billion in August. Personal saving was $1.06 trillion in August and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.6 percent.

Gross Domestic Product by State and Personal Income by State, 2nd Quarter 2025 and Personal Consumption Expenditures by State, 2024

Real gross domestic product (GDP) increased in 48 states in the second quarter of 2025. State-level changes ranged from a 7.3 percent increase in North Dakota to a 1.1 percent decline in Arkansas.

Personal income increased in all 50 states and the District of Columbia in the second quarter of 2025. State-level changes ranged from a 10.4 percent increase in Kansas to a 0.9 percent increase in Arkansas.

Personal consumption expenditures (PCE) increased in all 50 states and the District of Columbia in 2024. State-level changes in PCE ranged from a 7.0 percent increase in Florida to a 4.3 percent increase in Mississippi.

Principal Federal Economic Indicators

Gross Domestic Product
Q2 2025 (3rd)
+3.8%
Personal Income
August 2025
+0.4%
International Trade in Goods and Services
July 2025
-$78.3 B
International Transactions
Q2 2025
-$251.3 B

Noteworthy

The Latest

U.S. International Investment Position, 2nd quarter 2016

| News Release

The U.S. net international investment position at the end of the second quarter of 2016 was -$8,042.8 billion (preliminary), according to statistics released today by the Bureau of Economic Analysis (BEA). The net investment position at the end of the first quarter was -$7,582.0 billion (revised).

Gross Domestic Product for Guam, 2015

| News Release

This release is available as a PDF download.

 

Guam's Economy Grows in 2015

| The BEA Wire

The Bureau of Economic Analysis released estimates of gross domestic product for Guam for 2015, in addition to estimates of GDP by industry and compensation by industry for 2014.

These estimates were developed under the Statistical Improvement Program funded by the Office of Insular Affairs of the U.S. Department of the Interior.

Revised estimates of Guam’s GDP for 2013 and 2014, as well as revised estimates of GDP by industry…

Gross Domestic Product by Metropolitan Area, 2015

| News Release

Real gross domestic product (GDP) increased in 292 metropolitan areas in 2015, led by growth in professional and business services; wholesale and retail trade; and finance, insurance, real estate, rental and leasing, according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis. Collectively, real GDP for U. S. metropolitan areas increased 2.5 percent in 2015 after increasing 2.3 percent in 2014…

U.S. Current-Account Deficit Decreases in Second Quarter 2016

| The BEA Wire

The U.S. current-account deficit decreased to $119.9 billion (preliminary) in the second quarter of 2016 from $131.8 billion (revised) in the first quarter of 2016. As a percentage of current-dollar U.S. GDP, the deficit decreased to 2.6 percent from 2.9 percent. The previously published current-account deficit for the first quarter was $124.7 billion.

U.S. International Transactions, 2nd quarter 2016

| News Release

Current Account Balance The U.S. current-account deficit decreased to $119.9 billion (preliminary) in the second quarter of 2016 from $131.8 billion (revised) in the first quarter of 2016, according to statistics released by the Bureau of Economic Analysis (BEA).

Travel and Tourism Spending Accelerated in the Second Quarter

| The BEA Wire

Real Tourism Spending. Real spending on travel and tourism accelerated in the second quarter of 2016, increasing at an annual rate of 4.7 percent after increasing 1.2 percent (revised) in the first quarter, according to new statistics released by the Bureau of Economic Analysis.

Travel and Tourism Satellite Accounts, 2nd quarter 2016

| News Release

Real spending (output) on travel and tourism accelerated in the second quarter of 2016, increasing at an annual rate of 4.7 percent after increasing 1.2 percent (revised) in the first quarter according to new statistics released by the Bureau of Economic Analysis. By comparison, real gross domestic product (GDP) increased 1.1 percent in the second quarter after increasing 0.8 percent in the first.

Security Measures Keep Data Locked Tight Until the Time Is Right

| The BEA Wire

U.S. gross domestic product is among the world’s most closely watched numbers, an economic indicator that moves markets, makes headlines and affects countless government and private decisions.