August 29, 2025

Personal Income and Outlays, July 2025

Personal income increased $112.3 billion (0.4 percent at a monthly rate) in July, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $93.9 billion (0.4 percent) and personal consumption expenditures (PCE) increased $108.9 billion (0.5 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $110.9 billion in July. Personal saving was $985.6 billion in July and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.4 percent.

Principal Federal Economic Indicators

Gross Domestic Product
Q2 2025 (2nd)
+3.3%
Personal Income
July 2025
+0.4%
International Trade in Goods and Services
June 2025
-$60.2 B
International Transactions
Q1 2025
-$450.2 B

Noteworthy

The Latest

Personal Income and Outlays, October 2017

| News Release

Personal income increased $65.1 billion (0.4 percent) in October according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $66.1 billion (0.5 percent) and personal consumption expenditures (PCE) increased $34.4 billion (0.3 percent).

GDP Increases in Third Quarter

| The BEA Wire

Real gross domestic product (GDP) increased 3.3 percent in the third quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. In the second quarter of 2017, real GDP increased 3.1 percent.

Gross Domestic Product, 3rd quarter 2017 (second estimate); Corporate Profits, 3rd quarter 2017 (preliminary estimate)

| News Release

Real gross domestic product (GDP) increased at an annual rate of 3.3 percent in the third quarter of 2017 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.1 percent.

Gross Domestic Product by State, 2nd quarter 2017

| News Release

Real gross domestic product (GDP) increased in 48 states and the District of Columbia in the second quarter of 2017, according to statistics on the geographic breakout of GDP released today by the U.S. Bureau of Economic Analysis. Real GDP by state growth in the second quarter ranged from 8.3 percent in North Dakota to -0.7 percent in Iowa (table 1).

New Statistics Available on Activities of U.S. Multinational Enterprises

| The BEA Wire

The U.S. Bureau of Economic Analysis today released preliminary statistics on the worldwide activities of U.S. multinational enterprises and their foreign affiliates in 2015. These statistics offer details on the finances and operations of U.S.

Local Area Personal Income: 2016

| The BEA Wire

<

Local Area Personal Income, 2016

| News Release

Personal income grew in 2016 in 2,285 counties, fell in 795, and was unchanged in 33, according to estimates released today by the U.S. Bureau of Economic Analysis. On average, personal income rose 2.5 percent in 2016 in the metropolitan portion of the United States and rose 1.0 percent in the nonmetropolitan portion. Personal income growth in 2016 ranged from -40.8 percent in Kenedy County, Texas to 27.1 percent in Tillman County, Oklahoma.

September 2017 Trade Gap is $43.5 Billion

| The BEA Wire

The U.S. monthly international trade deficit increased in September 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $42.8 billion in August (revised) to $43.5 billion in September, as imports increased more than exports. The previously published August deficit was $42.4 billion. The goods deficit increased $0.6 billion in September to $65.4 billion. The services surplus decreased $…

U.S. International Trade in Goods and Services, September 2017

| 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 September 2017 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $43.5 billion in September, up $0.7 billion from $42.8 billion in…