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

American Samoa GDP Grew in 2010

| The BEA Wire

The economy of American Samoa grew 1.3 percent in 2010, according to new estimates from the Bureau of Economic Analysis (BEA). The growth in real gross domestic product (GDP) largely reflected increases in territorial government spending and private fixed investment, including construction.

For the first time, BEA also calculated estimates of GDP by industry, compensation by industry, and detailed consumer spending for the island…

American Samoa Gross Domestic Product, 2010

| News Release

This release is available as a PDF download.

 

Trade in Digitally Enabled Services Shows Strong Growth

| The BEA Wire

U.S. trade in services enabled by digital technologies grew at a faster pace than trade in all other services in recent years, a new analysis by the Bureau of Economic Analysis (BEA) shows. Information and communications technologies (ICT) play an important role in cross-border trade in services, and improvements in these digital technologies and reductions in their costs have played an important role in contributing to growth in trade in…

Learn More About the Ocean and Great Lakes Economy on BEA's New Web Portal

| The BEA Wire

How many jobs are created from the construction of a new bridge or an increase in tourism?

The Bureau of Economic Analysis’ (BEA) new Web portal on the ocean and Great Lakes economy shows how the Bureau’s Regional Input-Output Modeling System (RIMS II) can be used to provide answers to such questions. The new Web site stems from a joint project with the Commerce Department’s National Oceanic and Atmospheric Administration.

Real Consumer Spending Picks Up in July

| The BEA Wire

Personal income increased 0.3 percent in July, the same increase as in June. Wages and salaries, the largest component of personal income, increased 0.2 percent in July after increasing 0.4 percent in June.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in July, the same increase as in June.

Real DPI, income adjusted for taxes and inflation, increased 0.3 percent in July after…

Personal Income and Outlays, July 2012

| News Release

Personal income increased $42.3 billion, or 0.3 percent, and disposable personal income (DPI) increased $39.9 billion, or 0.3 percent, in July, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $46.0 billion, or 0.4 percent. In June, personal income increased $46.1 billion, or 0.3 percent, DPI increased $37.4 billion, or 0.3 percent, and PCE increased $3.5 billion, or less than 0.1 percent, based…

GDP Growth Slows in Second Quarter

| The BEA Wire

Real gross domestic product (GDP) increased 1.7 percent in the second quarter of 2012 after increasing 2.0 percent in the first quarter, according to estimates released today by the Bureau of Economic Analysis. The second-quarter growth rate was revised up 0.2 percentage point from the advance estimate released in July.

Real GDP second-quarter highlights

Gross Domestic Product, 2nd quarter 2012 (second estimate); Corporate Profits, 2nd quarter 2012 (preliminary estimate)

| News Release

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 1.7 percent in the second quarter of 2012 (that is, from the first quarter to the second quarter), according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.0 percent. The GDP estimate released today is based on more…

Strict Measures Taken to Ensure That Our Economic Measures Remain Secure

| The BEA Wire

U.S. gross domestic product (GDP) is considered one of the United States’ most vital economic statistics. Each release of GDP by the U.S. Bureau of Economic Analysis (BEA) can have a significant impact on decisions made by government officials, businesses, investors, and American households. A number that important must have the full faith and confidence of the public behind it. No one wants to chart his or her economic future on…

Personal Income: More Than Your Paycheck

| The BEA Wire

When someone asks you what your income is, what do you tell them? Probably most of you would respond with the salary you earn from your job, right? Well, your income includes more than just that paycheck you receive every other week.