Bureau of Economic Analysis
GDP (Advance Estimate), 4th Quarter and Year 2025 and Personal Income and Outlays, December 2025
GDP (Advance Estimate), 4th Quarter and Year 2025
Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the fourth quarter of 2025 (October, November, and December), according to the advance estimate released today by the U.S. Bureau of Economic Analysis. In the third quarter, real GDP increased 4.4 percent. The contributors to the increase in real GDP in the fourth quarter were increases in consumer spending and investment. These movements were partly offset by decreases in government spending and exports. Imports, which are a subtraction in the calculation of GDP, decreased.
Personal Income and Outlays, December 2025
Personal income increased $86.2 billion (0.3 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $75.7 billion (0.3 percent), and personal consumption expenditures (PCE) increased $91.0 billion (0.4 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $90.2 billion in December. Personal saving was $830.8 billion in December, and the personal saving rate—personal saving as a percentage of disposable personal income—was 3.6 percent.
Principal Federal Economic Indicators
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Gross Domestic Product, 1st quarter 2016 (third estimate); Corporate Profits, 1st quarter 2016 (revised estimate)
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 1.1 percent in the first quarter of 2016, according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2015, real GDP increased 1.4 percent. The GDP estimate released today is…
Travel and Tourism Spending Accelerated in the First Quarter
Real spending (output) on travel and tourism accelerated in the first quarter of 2016, increasing at an annual rate of 5.2 percent after increasing 1.5 percent (revised) in the fourth quarter of 2015. By comparison, real gross domestic product (GDP) decelerated, increasing 0.8 percent in the first quarter (second estimate) after increasing 1.4 percent in the fourth quarter of 2015.
Travel and Tourism Satellite Accounts, 1st quarter 2016 and annual revisions
Real spending (output) on travel and tourism accelerated in the first quarter of 2016, increasing at an annual rate of 5.2 percent after increasing 1.5 percent (revised) in the fourth quarter of 2015. By comparison, real gross domestic product (GDP) decelerated, increasing 0.8 percent in the first quarter (second estimate) after increasing 1.4 percent in the fourth quarter of 2015.
State Personal Income: First Quarter 2016
State personal income grew 1.0 percent on average in the first quarter of 2016, the same pace as in the fourth quarter of 2015. Personal income grew in every state except Wyoming and North Dakota with first-quarter personal income growth rates ranging from -1.3 percent in North Dakota to 1.5 percent in Washington.
State Quarterly Personal Income, 1st quarter 2016
State personal income grew 1.0 percent on average in the first quarter of 2016, the same pace as in the fourth quarter of 2015, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income grew in every state except Wyoming and North Dakota with first-quarter personal income growth rates ranging from -1.3 percent in North Dakota to 1.5 percent in Washington (table 1).
U.S. Current-Account Deficit Increases in First Quarter 2016
The U.S. current-account deficit—a net measure of transactions between the United States and the rest of the world in goods, services, primary income (investment income and compensation), and secondary income (current transfers)—increased to $124.7 billion (preliminary) in the first quarter of 2016 from $113.4 billion (revised) in the fourth quarter of 2015. As a percentage of U.S. GDP, the deficit increased to 2.7 percent from 2.5 percent.…
U.S. International Transactions, 1st quarter 2016 and Annual Revisions
Current Account Balance The U.S.
Information Industry Group Led Growth Across States in the Fourth Quarter
Real gross domestic product (GDP) increased in 41 states and the District of Columbia in the fourth quarter of 2015, according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis. Real GDP by state growth, at an annual rate, ranged from 3.0 percent in Indiana to –3.4 percent in Wyoming. Information; construction; and professional, scientific, and technical services were the leading contributors to…
Gross Domestic Product by State, 4th quarter and Annual 2015
Real gross domestic product (GDP) increased in 41 states and the District of Columbia in the fourth quarter of 2015, according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis. Real GDP by state growth, at an annual rate, ranged from 3.0 percent in Indiana to –3.4 percent in Wyoming. Information; construction; and professional, scientific, and technical services were the leading contributors to…
April 2016 Trade Gap is $37.4 Billion
The U.S. monthly international trade deficit increased in April 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $35.5 billion in March (revised) to $37.4 billion in April, as imports increased more than exports. The previously published March deficit was $40.4 billion. The goods deficit increased $1.4 billion from March to $58.8 billion in April. The services surplus decreased $0.5…