June 24, 2025

U.S. International Transactions, 1st Quarter 2025 and Annual Update

The U.S. current-account deficit widened by $138.2 billion, or 44.3 percent, to $450.2 billion in the first quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $312.0 billion. The first-quarter deficit was 6.0 percent of current-dollar gross domestic product, up from 4.2 percent in the fourth quarter.

Principal Federal Economic Indicators

Gross Domestic Product
Q1 2025 (2nd)
-0.2%
Personal Income
April 2025
+0.8%
International Trade in Goods and Services
April 2025
-$61.6 B
International Transactions
Q1 2025
-$450.2 B

Noteworthy

The Latest

BEA Works with Partners to Understand Differences in Bilateral Trade Statistics

March 8, 2018 | The BEA Wire

Trade statistics produced by the Bureau of Economic Analysis provide policymakers and other stakeholders with critical information for understanding the role of the United States in the global economy. As the size and complexity of international transactions have increased, BEA is working on a number of fronts to make its trade statistics even better.

January 2018 Trade Gap is $56.6 Billion

March 7, 2018 | The BEA Wire

The U.S. monthly international trade deficit increased in January 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $53.9 billion in December (revised) to $56.6 billion in January, as exports decreased more than imports. The previously published December deficit was $53.1 billion. The goods deficit increased $2.8 billion in January to $76.5 billion. The services surplus increased $0.…

2017 Trade Gap is $568.4 Billion

March 7, 2018 | The BEA Wire

The U.S. international trade deficit increased in 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $504.8 billion in 2016 to $568.4 billion in 2017, as imports increased more than exports. As a percentage of U.S. gross domestic product, the goods and services deficit was 2.9 percent in 2017, up from 2.7 percent in 2016. The goods deficit increased from $752.5 billion in 2016 to $811…

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

March 7, 2018 | News Release

The U.S. monthly international trade deficit increased in January 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $53.9 billion in December (revised) to $56.6 billion in January, as exports decreased more than imports. The previously published December deficit was $53.1 billion. The goods deficit increased $2.8 billion in January to $76.5 billion. The services surplus increased $0.1…

New Arts and Culture Stats Zoom in on States

March 6, 2018 | The BEA Wire

In the big picture, arts and culture account for 4.2 percent of the U.S. economy in the Bureau of Economic Analysis' latest statistics. Want to zoom in for a close-up? Now you can, using detailed data that are available for each state for the first time.

Arts and Cultural Production Satellite Account, U.S. and States 2015

March 6, 2018 | News Release

The Arts and Cultural Production Satellite Account (ACPSA) released today by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) show that arts and cultural economic activity nationwide increased an inflation-adjusted 4.9 percent in 2015. That compares with a 0.4 percent increase in 2014 (table 1). Arts and cultural economic activity accounted for 4.2 percent of gross domestic product (GDP), or $763.6 billion, in 2015 (table…

Disposable Personal Income Rises in January

March 1, 2018 | The BEA Wire

Personal income increased 0.4 percent in January, the same increase as in December. Wages and salaries, the largest component of personal income, increased 0.5 percent in January after increasing 0.4 percent in December.

Personal Income and Outlays, January 2018

March 1, 2018 | News Release

Personal income increased 0.4 percent in January, the same increase as in December. Wages and salaries, the largest component of personal income, increased 0.5 percent in January after increasing 0.4 percent in December.

GDP Increases in Fourth Quarter

February 28, 2018 | The BEA Wire

Real gross domestic product (GDP) increased 2.5 percent in the fourth quarter of 2017, according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.

Gross Domestic Product, 4th quarter and annual 2017 (second estimate)

February 28, 2018 | News Release

Real gross domestic product (GDP) increased at an annual rate of 2.5 percent in the fourth quarter of 2017 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.