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

Gross Domestic Product, 2nd quarter 1998 (preliminary); Corporate Profits, 2nd quarter 1998 (preliminary)

August 27, 1998 | News Release

This release is available as a text file download.

U.S. International Trade in Goods and Services, June 1998

August 18, 1998 | News Release

This release is available as an Adobe Acrobat PDF file download.

Personal Income and Outlays, June 1998

August 3, 1998 | News Release

This release is available as a text file download.

Gross Domestic Product, 2nd quarter 1998 (advance); Revised Estimates: 1995 through 1st quarter 1998

July 31, 1998 | News Release

This release is available as a text file download.

State Personal Income, 1st quarter 1998

July 23, 1998 | News Release

You may also view this press release in Adobe Acrobat PDF format.

Duke Tran (202) 606-5344 (Analysis) Marian Sacks 606-9274 (Estimates)

All 50 states had growth rates in personal income in the first quarter of 1998 that were above the nation's inflation rate, according to estimates released by the Commerce Department's Bureau of Economic Analysis. The five states with the fastest growth in personal income were Alaska, South…

U.S. International Trade in Goods and Services, May 1998

July 17, 1998 | News Release

For information on goods contact: Bureau of the Census: Haydn R. Mearkle (301) 457-2246 Richard M. Preuss (301) 457-2311 For information on services contact: Bureau of Economic Analysis: Technical: Christopher Bach (202) 606-9545 Media: Larry Moran (202) 606-2649 U.S.

Travel and Tourism Spending in the United States: 1992

July 13, 1998 | News Release

According to the newly developed travel and tourism satellite accounts (TTSA's) released for the first time by the Commerce Department's Bureau of Economic Analysis, spending by U.S. residents and nonresidents traveling in the United States accounted for 5 percent of gross domestic product in 1992. The new accounts provide the best picture yet developed of the importance of travel and tourism spending in the U.S. economy; the data in the new…

U.S. Net International Investment Position, 1997

June 30, 1998 | News Release

This release is available as a text file download.

Personal Income and Outlays, May 1998

June 26, 1998 | News Release

This release is available as a text file download.

Gross Domestic Product, 1st quarter 1998 (final); Corporate Profits, 1st quarter 1998 (revised)

June 25, 1998 | News Release

This release is available as a text file download.