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

U.S. International Trade in Goods and Services, June 2017

August 4, 2017 | News Release

Total June exports of $194.4 billion and imports of $238.0 billion resulted in a goods and services deficit of $43.6 billion.

More than Just GDP: An Overview of BEA Statistics

August 2, 2017 | The BEA Wire

Gross domestic product is BEA’s flagship statistic, the one people are most likely to know. But we produce lots of other data in addition to the nation’s GDP. You can get a quick overview by exploring BEA’s four main types of economic accounts: regional, national, international and industry.

An easy way to do that is to look through each area’s interactive data tables (tables that can be customized to show the statistics that interest…

Real Disposable Personal Income Declines in June

August 1, 2017 | The BEA Wire

Personal income was unchanged in June after increasing 0.3 percent in May. Wages and salaries, the largest component of personal income, increased 0.4 percent in June after increasing 0.1 percent in May.

Personal Income and Outlays, June 2017; Annual Update 2014 through May 2017

August 1, 2017 | News Release

In June 2017, real disposable personal income decreased 0.1 percent.

GDP Increases in Second Quarter

July 28, 2017 | The BEA Wire

Real gross domestic product (GDP) increased 2.6 percent in the second quarter of 2017, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent (revised).

Gross Domestic Product, 2nd quarter 2017 (advance estimate), and annual update

July 28, 2017 | News Release

Real gross domestic product increased at an annual rate of 2.6 percent in the second quarter of 2017 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent (revised). The Bureau emphasized that the second-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see “Source…

Gross Domestic Product by State: First Quarter of 2017

July 26, 2017 | The BEA Wire

Real gross domestic product (GDP) increased in 43 states and the District of Columbia in the first quarter of 2017, according to statistics on the geographic breakout of GDP released today by the U.S. Bureau of Economic Analysis. Real GDP by state growth ranged from 3.9 percent in Texas to –4.0 percent in Nebraska. Real estate and rental and leasing; mining; and durable-goods manufacturing were the leading contributors to U.S. economic growth…

Gross Domestic Product by State, 1st quarter 2017

July 26, 2017 | News Release

Real gross domestic product (GDP) increased in 43 states and the District of Columbia in the first quarter of 2017. Real GDP by state growth in the first quarter ranged from 3.9 percent in Texas to -4.0 percent in Nebraska.

Detailed Direct Investment Data for 2016 Now Available

July 24, 2017 | The BEA Wire

Detailed statistics on U.S. direct investment abroad – or “outward direct investment”– and on foreign direct investment in the United States – or “inward direct investment” – are now available on BEA’s website.

Real Estate and Rental and Leasing Led Growth in the First Quarter

July 21, 2017 | The BEA Wire

Real estate and rental and leasing; mining; and durable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2017. Overall, 13 of 22 industry groups contributed to the 1.4 percent increase in real GDP in the first quarter.