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

Personal Income Remained Flat in December

| The BEA Wire

Personal income remained flat in December after increasing 0.2 percent in November. Wages and salaries, the largest component of personal income, also remained flat after rising 0.5 percent.

Current-dollar disposable personal income (DPI), after-tax income, remained flat in December after increasing 0.1 percent in November.

Real DPI, income adjusted for taxes and inflation, decreased 0.2 percent in December…

Personal Income and Outlays, December 2013

| News Release

Personal income increased $2.3 billion, or less than 0.1 percent, and disposable personal income (DPI) decreased $3.8 billion, or less than 0.1 percent, in December according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $44.1 billion, or 0.4 percent.

GDP Growth Slows in Fourth Quarter

| The BEA Wire

Real gross domestic product (GDP) increased 3.2 percent in the fourth quarter of 2013, according to the “advance” estimate released by the Bureau of Economic Analysis (BEA). In the third quarter, the growth rate was 4.1 percent. For the full year 2013, real GDP increased 1.9 percent, compared with 2.8 percent in 2012.

Gross Domestic Product, 4th quarter and annual 2013 (advance estimate)

| News Release

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 3.2 percent in the fourth quarter of 2013 (that is, from the third quarter to the fourth quarter), according to the "advance" estimate released by the Bureau of Economic Analysis.

Widespread Growth Across Industries in 2012

| The BEA Wire

Professional and business services; finance, insurance, real estate, rental, and leasing; mining; and manufacturing were the leading contributors to U.S. economic growth in 2012, according to revised statistics on the breakout of real gross domestic product (GDP) by industry from the Bureau of Economic Analysis.

Comprehensive Revision of the Annual Industry Accounts, 2014

| News Release

Widespread Growth Across Industries in 2012 Revised Statistics of Gross Domestic Product by Industry for 1997-2012

November 2013 Trade Gap is $34.3 Billion

| The BEA Wire

The U.S. monthly international trade deficit decreased in November 2013 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $39.3 billion in October (revised) to $34.3 billion in November as exports increased and imports decreased. The previously published October deficit was $40.6 billion. The goods deficit decreased $4.9 billion from October to $53.9 billion in November; the services…

Value of Both Foreign Investments in the United States and U.S. Investments Abroad Increased in Third Quarter 2013

| The BEA Wire

The U.S. net international investment position was –$4,165.6 billion (preliminary) at the end of the third quarter of 2013 as the value of foreign investments in the United States exceeded the value of U.S. investments abroad. At the end of the second quarter, the net position was –$4,455.0 billion (revised).