Bureau of Economic Analysis

Personal income increased $30.6 billion (0.1 percent at a monthly rate) in October, followed by an increase of $80.0 billion (0.3 percent) in November, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $12.0 billion (0.1 percent), followed by an increase of $63.7 billion (0.3 percent). Personal consumption expenditures (PCE)…

Real gross domestic product (GDP) increased at an annual rate of 4.4 percent in the third quarter of 2025 (July, August, and September), according to the updated estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.8 percent. The increase in real GDP in the third quarter reflected increases in consumer spending, exports, government spending, and investment. Imports, which are a subtraction in the…

The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was -$27.61 trillion at the end of the third quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $41.27 trillion, and liabilities were $68.89 trillion. At the end of the second quarter, the net investment position was -$26.16 trillion (revised).

SUITLAND, Md. – The following updates to BEA’s post-shutdown economic release schedule are currently available:

The U.S. current-account deficit narrowed by $22.8 billion, or 9.2 percent, to $226.4 billion in the third quarter of 2025, according to statistics released today by BEA. The revised second-quarter deficit was $249.2 billion. The third-quarter deficit was 2.9 percent of current-dollar gross domestic product, down from 3.3 percent in the second quarter.

A blog post from BEA Director Vipin Arora 

My son and I recently visited the twin cities of Menominee in Michigan and Marinette in Wisconsin for the first time. We strolled along the pier in Menominee before driving along the bay in Marinette. What a treat! I later found out that these two cities share a rich economic history – stretching back to the 19th century – as they developed together into a manufacturing hub. That…

The U.S. goods and services trade deficit decreased in October 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $48.1 billion in September (revised) to $29.4 billion in October, as exports increased and imports decreased. The goods deficit decreased $19.2 billion in October to $59.1 billion. The services surplus decreased $0.4 billion in October to $29.8 billion.

SUITLAND, Md. – The following updates to BEA’s post-shutdown economic release schedule are currently available:

New dates: 

Personal Income and Outlays, October and November 2025, will be released Jan. 22 at 10 a.m. The October and November reports, originally scheduled separately for Nov. 26 and Dec. 19, 2025, will be combined into one release with statistics for both months.

A blog post from BEA Director Vipin Arora

BEA produces some of the world’s most closely watched economic statistics. That’s because we’re laser focused on delivering innovative statistics that keep pace with the U.S. economy. To do this, we ensure that our research—which lays the foundation for keeping our statistics as timely, accurate, and relevant as possible—prioritizes improving measurement in five key areas.

Real gross domestic product (GDP) increased at an annual rate of 4.3 percent in the third quarter of 2025 (July, August, and September), according to the initial estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.8 percent. The increase in real GDP in the third quarter reflected increases in consumer spending, exports, and government spending that were partly offset by a decrease in investment…