June 27, 2025

Split Personal Income and Outlays, May 2025 and Gross Domestic Product by State and Personal Income by State, 1st Quarter 2025

Personal Income and Outlays, May 2025

Personal income decreased $109.6 billion (0.4 percent at a monthly rate) in May, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—decreased $125.0 billion (0.6 percent) and personal consumption expenditures (PCE) decreased $29.3 billion (0.1 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—decreased $27.6 billion in May. Personal saving was $1.01 trillion in May and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.5 percent.

Gross Domestic Product by State and Personal Income by State, 1st Quarter 2025

Real gross domestic product decreased in 39 states in the first quarter of 2025, with the percent change ranging from 1.7 percent at an annual rate in South Carolina to –6.1 percent in Iowa and Nebraska.

Personal income, in current dollars, increased in all 50 states and the District of Columbia in the first quarter of 2025, with the percent change ranging from 12.7 percent at an annual rate in North Dakota to 3.2 percent in Washington state.

Principal Federal Economic Indicators

Gross Domestic Product
Q1 2025 (3rd)
-0.5%
Personal Income
May 2025
-0.4%
International Trade in Goods and Services
April 2025
-$61.6 B
International Transactions
Q1 2025
-$450.2 B

Noteworthy

The Latest

Gross Domestic Product: Second Quarter 2018 (Second Estimate); Corporate Profits: Second Quarter 2018 (Preliminary Estimate)

August 29, 2018 | News Release

Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2018, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.1 percentage point more than the “advance” estimate released in July. In the first quarter, real GDP increased 2.2 percent.

Late BE-120 Filers Must File by Sept. 28

August 28, 2018 | The BEA Wire

BEA will soon be mailing delinquency letters to businesses and others that have not submitted their responses to the 2017 BE-120 survey, the Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons.

American Samoa GDP Decreases in 2017

August 24, 2018 | News Release

The estimates of GDP for American Samoa show that real GDP—GDP adjusted to remove price changes—decreased 5.3 percent in 2017 after decreasing 2.7 percent in 2016. For comparison, real GDP for the United States (excluding the territories) increased 2.2 percent in 2017 after increasing 1.6 percent in 2016.

American Samoa GDP Decreases in 2017

August 24, 2018 | The BEA Wire

The Bureau of Economic Analysis released estimates of gross domestic product for American Samoa for 2017, in addition to estimates of GDP by industry and compensation by industry for 2016. These estimates were developed under the Statistical Improvement Program funded by the Office of Insular Affairs of the U.S. Department of the Interior.

Revised estimates of GDP for 2015 and 2016, as well as revised estimates of GDP by industry and…

Activities of U.S. Multinational Enterprises: 2016

August 24, 2018 | The BEA Wire

Worldwide employment by U.S. multinational enterprises (MNEs) increased 0.4 percent to 42.3 million workers (preliminary) in 2016 from 42.1 million (revised) in 2015.  

Activities of U.S. Multinational Enterprises: 2016

August 24, 2018 | News Release

Worldwide employment by U.S. multinational enterprises (MNEs) increased 0.4 percent to 42.3 million workers (preliminary) in 2016 from 42.1 million (revised) in 2015, according to statistics released by the Bureau of Economic Analysis on the operations and finances of U.S. parent companies and their foreign affiliates.

SCB Article: Results of Seasonal Adjustment Project

August 17, 2018 | The BEA Wire

With its 2018 comprehensive update of gross domestic product and related statistics, the Bureau of Economic Analysis completed a multiyear project to improve and modernize our seasonal adjustment practices.

Welcome to the Updated bea.gov

August 13, 2018 | The BEA Wire

We’ve made it easier to find what you’re looking for.

Our redesigned homepage features BEA’s latest news and most-watched statistics.

Use the Data menu at the top to explore data by topic or by place.

Want to dive straight into the numbers? The Tools menu takes you to our expansive Interactive Data Tables, the API, and other data tools. (They function the same as before, although they are found at the new…

June 2018 Trade Gap is $46.3 Billion

August 3, 2018 | The BEA Wire

The U.S. monthly international trade deficit increased in June 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $43.2 billion in May (revised) to $46.3 billion in June, as exports decreased and imports increased. The previously published May deficit was $43.1 billion. The goods deficit increased $3.1 billion in June to $68.8 billion. The services surplus decreased less than $0.1…

U.S. International Trade in Goods and Services, June 2018

August 3, 2018 | News Release

The U.S. monthly international trade deficit increased in June 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $43.2 billion in May(revised) to $46.3 billion in June, as exports decreased and imports increased. The previously published May deficit was $43.1 billion. The goods deficit increased $3.1 billion in June to $68.8 billion. The services surplus decreased less than $0.1 billion…