April 30, 2025

Personal Income and Outlays, March 2025/ Gross Domestic Product, 1st Quarter 2025 (Advance Estimate)

Gross Domestic Product, 1st Quarter 2025 (Advance Estimate)

Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent. The decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment, consumer spending, and exports.

Personal Income and Outlays, March 2025

Personal income increased $116.8 billion (0.5 percent at a monthly rate) in March, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $102.0 billion (0.5 percent) and personal consumption expenditures (PCE) increased $134.5 billion (0.7 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $136.6 billion in March. Personal saving was $872.3 billion in March and the personal saving rate—personal saving as a percentage of disposable personal income—was 3.9 percent.

Principal Federal Economic Indicators

Gross Domestic Product
Q1 2025 (Adv)
-0.3%
Personal Income
March 2025
+0.5%
International Trade in Goods and Services
February 2025
-$122.7 B
International Transactions
Q4 2024
-$303.9 B

Noteworthy

The Latest

Personal Income for Metropolitan Areas, 2010

August 9, 2011 | News Release

WASHINGTON DC, August 9, 2011 – Personal income rose in 2010 in all but four of the nations 366 metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income in the metropolitan portion of the United States rose 2.9 percent in 2010 after falling 1.9 percent in 2009. Personal income growth in 2010 ranged from 10.1 percent in Elizabethtown, Kentucky to -0.9 percent in…

Personal Income and Outlays, June 2011

August 2, 2011 | News Release

Personal income increased $18.7 billion, or 0.1 percent, and disposable personal income (DPI) increased $16.3 billion, or 0.1 percent, inJune, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $21.9 billion, or 0.2 percent. In May, personal income increased $23.2 billion, or 0.2 percent, DPI increased $17.6 billion, or 0.2 percent, and PCE increased $5.9 billion, or 0.1 percent, based on revised…

Gross Domestic Product, 2nd Quarter 2011 (advance estimate)

July 29, 2011 | 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 1.3 percent in the second quarter of 2011, (that is, from the first quarter to the second quarter), according to the "advance" estimate released by the Bureau of Economic Analysis.

Gross Domestic Product for Guam, 2008-2009

July 17, 2011 | News Release

This release is available as a PDF download.

Gross Domestic Product for the Commonwealth of the Northern Mariana Islands

July 12, 2011 | News Release

This release is available as a PDF download.

U.S. International Trade in Goods and Services, May 2011

July 12, 2011 | 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 MAY 2011 Goods and Services The U.S. Census Bureau and the U.S.

U.S. International Investment Position, 2010

June 28, 2011 | News Release

The U.S. net international investment position at yearend 2010 was -$2,471.0 billion (preliminary), as the value of foreign investments in the United States continued to exceed the value of U.S. investments abroad (table 1). At yearend 2009, the U.S. net international investment position was -$2,396.4 billion (revised). The -$74.6 billion change in the U.S. net investment position from yearend 2009 to yearend 2010…

Personal Income and Outlays, May 2011

June 27, 2011 | News Release

Personal income increased $36.2 billion, or 0.3 percent, and disposable personal income (DPI) increased $29.2 billion, or 0.2 percent, inMay, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $4.6 billion, or less than 0.1 percent. In April, personal income increased $37.7 billion, or 0.3 percent, DPI increased $27.9 billion, or 0.2 percent, and PCE increased $28.8 billion, or 0.3 percent, based on…

Gross Domestic Product, 1st quarter 2011 (third estimate)

June 24, 2011 | 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 1.9 percent in the first quarter of 2011, (that is, from the fourth quarter to the first quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 3.1 percent. The GDP estimate released today is based on more…

State Personal Income: First Quarter 2011

June 22, 2011 | News Release

WASHINGTON DC, June 22, 2011 – State personal income growth accelerated to 1.8 percent in the first quarter of 2011, from 0.8 percent in the fourth quarter of 2010, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income increased in all states, with growth ranging from 0.7 percent in Iowa to 6.9 percent in North Dakota. Inflation, as measured by the national price index for personal consumption…