July 31, 2025

Personal Income and Outlays, June 2025

Personal income increased $71.4 billion (0.3 percent at a monthly rate) in June, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $61.0 billion (0.3 percent) and personal consumption expenditures (PCE) increased $69.9 billion (0.3 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $69.5 billion in June. Personal saving was $1.01 trillion in June and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.5 percent.

Principal Federal Economic Indicators

Gross Domestic Product
Q2 2025 (Adv)
+3.0%
Personal Income
June 2025
+0.3%
International Trade in Goods and Services
May 2025
-$71.5 B
International Transactions
Q1 2025
-$450.2 B

Noteworthy

The Latest

U.S. Current-Account Deficit Increases in First Quarter 2017

| The BEA Wire

Errata: Numbers in this blog have been corrected. Net U.S. borrowing from financial-account transactions now stands at $115.3 billion in the first quarter. Net U.S. incurrence of liabilities excluding financial derivatives is $395.0 billion.

U.S. International Transactions, 1st quarter 2017 and annual update

| News Release

ERRATA Tables 1 and 7 and relevant text in the "U.S. International Transactions: First Quarter 2017 and Annual Update" news release and corresponding statistics in the Interactive Tables were corrected on July 5, 2017. The corrections affect statistics for net U.S. incurrence of portfolio investment long-term debt liabilities and related aggregate statistics for the first quarter of 2017; related statistics for U.S.

April 2017 Trade Gap is $47.6 Billion

| The BEA Wire

The U.S. monthly international trade deficit increased in April 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $45.3 billion in March (revised) to $47.6 billion in April, as exports decreased and imports increased. The previously published March deficit was $43.7 billion. The goods deficit increased $2.3 billion in April to $68.4 billion. The services surplus decreased less than $…

U.S. International Trade in Goods and Services, annual update

| News Release

U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce * Washington, DC 20230 U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES Annual Revision for 2016 NOTICE Updates to Goods and Services In this release and in the…

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

| News Release

Total April exports of $191.0 billion and imports of $238.6 billion resulted in a goods and services deficit of $47.6 billion.

Spending on Durable Goods Rises in April

| The BEA Wire

Personal income increased 0.4 percent in April after increasing 0.2 percent in March. Wages and salaries, the largest component of personal income, increased 0.7 percent in April after remaining unchanged in March.

Personal Income and Outlays, April 2017

| News Release

Personal income increased $58.4 billion (0.4 percent) in April according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $56.5 billion (0.4 percent) and personal consumption expenditures (PCE) increased $53.2 billion (0.4 percent).

GDP Increases in First Quarter

| The BEA Wire

Real gross domestic product (GDP) increased 1.2 percent in the first quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.5 percentage points higher than the “advance” estimate released in April. In the fourth quarter of 2016, real GDP rose 2.1 percent.

Gross Domestic Product, 1st quarter 2017 (second estimate); Corporate Profits, 1st quarter 2017 (preliminary estimate)

| News Release

Real gross domestic product (GDP) increased at an annual rate of 1.2 percent in the first quarter of 2017, according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.1 percent.