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

Security Measures Keep Data Locked Tight Until the Time Is Right

September 13, 2016 | The BEA Wire

U.S. gross domestic product is among the world’s most closely watched numbers, an economic indicator that moves markets, makes headlines and affects countless government and private decisions.

July 2016 Trade Gap is $39.5 Billion

September 2, 2016 | The BEA Wire

The U.S. monthly international trade deficit decreased in July 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $44.7 billion in June (revised) to $39.5 billion in July, as exports increased and imports decreased. The previously published June deficit was $44.5 billion. The goods deficit decreased $5.3 billion in July to $60.3 billion. The services surplus decreased $0.1 billion in…

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

September 2, 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 July 2016 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $39.5 billion in July, down $5.2 billion from $…

Spending on Durable Goods Rises in July

August 29, 2016 | The BEA Wire

Personal income increased 0.4 percent in July after increasing 0.3 percent in June. Wages and salaries, the largest component of personal income, increased 0.5 percent in July, the same increase as in June.

Personal Income and Outlays, July 2016

August 29, 2016 | News Release

Personal income increased $71.6 billion (0.4 percent) in July according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $60.1 billion (0.4 percent) and personal consumption expenditures (PCE) increased $42.0 billion (0.3 percent). Real DPI increased 0.4 percent in July and Real PCE increased 0.3 percent. The PCE price index was unchanged from June.

Gross Domestic Product Second Quarter of 2016 (Second Estimate)

August 26, 2016 | The BEA Wire

Real gross domestic product (GDP) increased 1.1 percent in the second quarter of 2016, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.1 percentage point less than the “advance” estimate released in July. In the first quarter, real GDP rose 0.8 percent.

Gross Domestic Product, 2nd quarter 2016 (second estimate); Corporate Profits, 2nd quarter 2016 (preliminary estimate)

August 26, 2016 | News Release

Real gross domestic product increased at an annual rate of 1.1 percent in the second quarter of 2016 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.8 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 1.2…

Statistics on U.S. Affiliates of Foreign Multinational Enterprises Now Available for 2014; Data for 2013 Updated

August 10, 2016 | The BEA Wire

New statistics detailing the activities of U.S. affiliates of foreign multinational enterprises (MNEs) are now available from the U.S. Bureau of Economic Analysis. The statistics, which include the first information for 2014 and updated data for 2013, offer details on the finances and operations of U.S.

Gross Domestic Product for American Samoa, 2015

August 8, 2016 | News Release

This release is available as a PDF download.

 

American Samoa economy grows 1.1 percent in 2015

August 8, 2016 | The BEA Wire

Estimates of gross domestic product for American Samoa show that real GDP–GDP adjusted to remove price changes–increased 1.1 percent in 2015 after increasing 1.3 percent in 2014. For comparison, real GDP for the United States (excluding the territories) increased 2.6 percent in 2015 after increasing 2.4 percent in 2014.