April 30, 2025

Personal Income and Outlays, March 2025/ Gross Domestic Product, 1st Quarter 2025 (Advance Estimate)

Gross Domestic Product, 1st Quarter 2025 (Advance Estimate)

Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March), according to the advance 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, consumer spending, and exports.

Personal Income and Outlays, March 2025

Personal income increased $116.8 billion (0.5 percent at a monthly rate) in March, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $102.0 billion (0.5 percent) and personal consumption expenditures (PCE) increased $134.5 billion (0.7 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $136.6 billion in March. Personal saving was $872.3 billion in March and the personal saving rate—personal saving as a percentage of disposable personal income—was 3.9 percent.

Principal Federal Economic Indicators

Gross Domestic Product
Q1 2025 (Adv)
-0.3%
Personal Income
March 2025
+0.5%
International Trade in Goods and Services
February 2025
-$122.7 B
International Transactions
Q4 2024
-$303.9 B

Noteworthy

The Latest

Direct Investment by Country and Industry: 2017

July 30, 2018 | The BEA Wire

The U.S. direct investment abroad position, or cumulative level of investment, increased $427.3 billion to $6,013.3 billion at the end of 2017 from $5,586.0 billion at the end of 2016. The increase mainly reflected a $243.6 billion increase in the position in Europe, primarily in Switzerland, the United Kingdom, Ireland, and the Netherlands. By industry, affiliates in manufacturing and holding companies accounted for the largest increases.…

Direct Investment by Country and Industry, 2017

July 30, 2018 | News Release

In 2017, the U.S. direct investment abroad position increased to $6,013.3 billion and the foreign direct investment in the United States position increased to $4,025.5 billion, according to statistics released by the Bureau of Economic Analysis (BEA). The increases were mainly due to increased investment with countries in Europe.

GDP Increases in Second Quarter

July 27, 2018 | The BEA Wire

Real gross domestic product (GDP) increased 4.1 percent in the second quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent (revised).

BEA’s 15th Comprehensive Update Improves Measurement of the Economy

July 27, 2018 | The BEA Wire

BEA has updated gross domestic product and related statistics covering the past five years, and in some cases reaching back decades, to reflect newly available source data; improved seasonal adjustment; innovations in measuring the prices of software, medical equipment, and cellphones; and more.

Gross Domestic Product, 2nd quarter 2018 (advance estimate), and comprehensive update

July 27, 2018 | News Release

Real gross domestic product increased at an annual rate of 4.1 percent in the second quarter of 2018 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent (revised).

Gross Domestic Product by State, 1st quarter 2018

July 24, 2018 | News Release

Real gross domestic product (GDP) increased in 48 states and the District of Columbia in the first quarter of 2018, according to statistics released today by the U.S. Bureau of Economic Analysis. The percent change in real GDP in the first quarter ranged from 3.6 percent in Washington to -0.6 percent in North Dakota.

Gross Domestic Product by Industry: First Quarter 2018

July 20, 2018 | The BEA Wire

Real estate and rental and leasing; information; and nondurable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2018. Overall, 14 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the first quarter.

Gross Domestic Product by Industry, 1st quarter 2018

July 20, 2018 | News Release

Real estate and rental and leasing; information; and nondurable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2018. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 14 of 22 industry groups contributed to the overall 2.0 percent increase in real GDP in the first quarter.

New Foreign Direct Investment in the United States, 2017

July 11, 2018 | The BEA Wire

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $259.6 billion in 2017, down 32 percent from $379.7 billion in 2016.

Additional highlights of the statistics on new foreign direct investment for 2017: