September 23, 2025

U.S. International Transactions, 2nd Quarter 2025

The U.S. current-account deficit narrowed by $188.5 billion, or 42.9 percent, to $251.3 billion in the second quarter of 2025, according to statistics released today by BEA. The revised first-quarter deficit was $439.8 billion. The second-quarter deficit was 3.3 percent of current-dollar gross domestic product, down from 5.9 percent in the first quarter.

Principal Federal Economic Indicators

Gross Domestic Product
Q2 2025 (2nd)
+3.3%
Personal Income
July 2025
+0.4%
International Trade in Goods and Services
July 2025
-$78.3 B
International Transactions
Q2 2025
-$251.3 B

Noteworthy

The Latest

October 2015

| Survey of Current Business

Upcoming in the Survey of Current Business Direct Investment

Statistics on investment positions, international transactions, and the composition of investments of U.S. and foreign multinational enterprises.

Gross Domestic Product by State

Quarterly statistics for the first quarter of 2015 and 2006–2014 that show economic growth across states.

January 2017 Trade Gap is $48.5 Billion

| The BEA Wire

The U.S. monthly international trade deficit increased in January 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $44.3 billion in December (revised) to $48.5 billion in January, as imports increased more than exports. The previously published December deficit was $44.3 billion. The goods deficit increased $4.0 billion in January to $69.7 billion. The services surplus decreased $0.3…

U.S. International Trade In Goods And Services, January 2017

| News Release

ERRATA Exhibits 20 and 20b in the “U.S. International Trade in Goods and Services: January 2017” report were updated on March 22, 2017, to correct statistics for services trade with Saudi Arabia, OPEC, and the "All other countries" grouping for all quarters of 2016 and for annual 2016. The release text and relevant tables in “U.S. Trade in Goods and Services by Selected Countries and Areas, 1999-present” were also updated to reflect this…

Real Consumer Spending Falls in January

| The BEA Wire

Personal income increased 0.4 percent in January after increasing 0.3 percent in December. Wages and salaries, the largest component of personal income, increased 0.4 percent in January, the same increase as in December.

Personal Income and Outlays, January 2017

| News Release

Personal income increased $63.0 billion (0.4 percent) in January according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $40.1 billion (0.3 percent) and personal consumption expenditures (PCE) increased $22.2 billion (0.2 percent). Real DPI decreased 0.2 percent in January and Real PCE decreased 0.3 percent. The PCE price index increased 0.4 percent.

GDP Increases in Fourth Quarter

| The BEA Wire

Real gross domestic product (GDP) increased 1.9 percent in the fourth quarter of 2016, according to the “second” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.5 percent.

Gross Domestic Product, 4th quarter and annual 2016 (second estimate)

| News Release

Real gross domestic product (GDP) increased at an annual rate of 1.9 percent in the fourth quarter of 2016 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.5 percent. The GDP estimate released today is based on more complete source data than were available for the "advance" estimate issued last month. In the advance estimate, the increase in real GDP was also…

Services Data Coming Faster to GDP

| The BEA Wire

BEA and the Census Bureau are taking another big step this month in their joint quest to get more data into earlier estimates of gross domestic product.

The Census Bureau will begin releasing an early snapshot of its service sector data each quarter, in time for BEA’s second estimate of quarterly GDP.

The new information will be included in BEA statistics beginning Feb. 28 ─ the second estimate of GDP for the fourth quarter…

December 2016 Trade Gap is $44.3 Billion

| The BEA Wire

The U.S. monthly international trade deficit decreased in December 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $45.7 billion in November (revised) to $44.3 billion in December, as exports increased more than imports. The previously published November deficit was $45.2 billion. The goods deficit decreased $1.2 billion in December to $65.7 billion. The services surplus increased…

U.S. International Trade in Goods and Services, December 2016

| 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 December 2016 The U.S. Census Bureau and the U.S.