February 19, 2026

U.S. International Trade in Goods and Services, December and Annual 2025 and Real Personal Consumption Expenditures by State and Real Personal Income by State, 2024

U.S. International Trade in Goods and Services, December and Annual 2025

The U.S. monthly international trade deficit increased in December 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $53.0 billion in November (revised) to $70.3 billion in December, as imports increased and exports decreased. The goods deficit increased $15.7 billion in December to $99.3 billion. The services surplus decreased $1.6 billion in December to $29.0 billion.

Real Personal Consumption Expenditures by State and Real Personal Income by State, 2024

Real personal consumption expenditures (PCE) by state increased in 48 states and the District of Columbia in 2024, with the percent change ranging from 5.3 percent in Massachusetts to –0.2 percent in Montana. Real PCE for the nation increased 2.9 percent in 2024.

Real personal income increased in 46 states and the District of Columbia in 2024, with the percent change ranging from 5.5 percent in California to –2.2 percent in North Dakota. Real personal income for the nation increased 2.9 percent in 2024.

Principal Federal Economic Indicators

Gross Domestic Product
Q3 2025 (Updated)
+4.4%
Personal Income
November 2025
+0.3%
International Trade in Goods and Services
December 2025
-$70.3 B
International Transactions
Q3 2025
-$226.4 B

Noteworthy

The Latest

State Personal Income, First Quarter 2019

| The BEA Wire

State personal income increased 3.4 percent at an annual rate in the first quarter of 2019, a deceleration from the 4.1 percent increase in the fourth quarter of 2018. Personal income increased in all states except South Dakota. The percent change in personal income across all states ranged from 5.6 percent in West Virginia to -0.6 percent in South Dakota.

State Personal Income, First Quarter 2019

| News Release

State personal income increased 3.4 percent at an annual rate in the first quarter of 2019, a deceleration from the 4.1 percent increase in the fourth quarter of 2018. Personal income increased in all states except South Dakota. The percent change in personal income across all states ranged from 5.6 percent in West Virginia to -0.6 percent in South Dakota.

U.S. Current-Account Deficit Decreases in First Quarter 2019

| The BEA Wire

The U.S. current-account deficit decreased to $130.4 billion (preliminary) in the first quarter of 2019 from $143.9 billion (revised) in the fourth quarter of 2018. As a percentage of U.S. gross domestic product, the deficit decreased to 2.5 percent from 2.8 percent. The previously published current-account deficit for the fourth quarter was $134.4 billion.

U.S. International Transactions, First Quarter 2019 and Annual Update

| News Release

The U.S. current-account deficit decreased to $130.4 billion (preliminary) in the first quarter of 2019 from $143.9 billion (revised) in the fourth quarter of 2018. As a percentage of U.S. gross domestic product, the deficit decreased to 2.5 percent from 2.8 percent. The previously published current-account deficit for the fourth quarter was $134.4 billion.

BEA Joins the FSRDC Network: New Secure Locations Now Available for Researchers

| The BEA Wire

For the first time, approved academics and other researchers will be able to access the Bureau of Economic Analysis’ confidential, company-specific trade and investment data from secure locations around the country, making it more convenient for them to do research.

April 2019 Trade Gap is $50.8 Billion

| The BEA Wire

The U.S. monthly international trade deficit decreased in April 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.9 billion in March (revised) to $50.8 billion in April, as imports decreased more than exports. The previously published March deficit was $50.0 billion. The goods deficit decreased $1.0 billion in April to $71.7 billion. The services surplus increased $0.1 billion in…

U.S. International Trade in Goods and Services, Annual Revision

| News Release

The U.S. monthly international trade deficit decreased in April 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.9 billion in March (revised) to $50.8 billion in April, as imports decreased more than exports. The previously published March deficit was $50.0 billion. The goods deficit decreased $1.0 billion in April to $71.7 billion. The services surplus increased $0.1 billion in…

U.S. International Trade in Goods and Services, April 2019

| News Release

The U.S. monthly international trade deficit decreased in April 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.9 billion in March (revised) to $50.8 billion in April, as imports decreased more than exports. The previously published March deficit was $50.0 billion. The goods deficit decreased $1.0 billion in April to $71.7 billion. The services surplus increased $0.1 billion in…

Personal Income Rises In April

| The BEA Wire

Personal income increased 0.5 percent in April after increasing 0.1 percent in March. Wages and salaries, the largest component of personal income, increased 0.3  percent in April after increasing 0.4 percent in March.

Personal Income and Outlays, April 2019

| News Release

Personal income increased 0.5 percent in April after increasing 0.1 percent in March. Wages and salaries, the largest component of personal income, increased 0.3 percent in April after increasing 0.4 percent in March.