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 and Outlays, November 2010

December 23, 2010 | News Release

Personal income increased $42.3 billion, or 0.3 percent, and disposable personal income (DPI) increased $37.8 billion, or 0.3 percent, inNovember, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $43.3 billion, or 0.4 percent. In October, personal income increased $49.5 billion, or 0.4 percent, DPI increased $39.3 billion, or 0.3 percent, and PCE increased $68.9 billion, or 0.7 percent, based on…

Gross Domestic Product, 3rd quarter 2010 (third estimate) | Corporate Profits, 3rd quarter 2010 (revised estimate)

December 22, 2010 | 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 2.6 percent in the third quarter of 2010, (that is, from the second quarter to the third quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.7 percent. The GDP estimate released today is based…

County Estimates of Compensation by Industry, 2007-2009

December 21, 2010 | News Release

Compensation declined in two-thirds of the 3,113 counties in the U.S. in 2009, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Total compensation of U.S. workers contracted 3.2 percent in 2009, as a decline in employment more than offset the increase in average annual compensation per job, which grew 1.2 percent to $56,962. Inflation measured by the national price index for personal consumption…

Travel and Tourism Satellite Accounts, 3rd quarter 2010

December 20, 2010 | News Release

QUARTERLY TOURISM ESTIMATES WILL NOT BE DISCONTINUED (SEE THE BOX NEXT RELEASE)

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Real spending on travel and tourism increased at an annual rate of 8.0 percent in 2010:3, following an increase of 3.4 percent (revised) in 2010:2. By comparison, real gross domestic product (GDP) increased 2.5 percent (second estimate) in 2010:3 after increasing 1.7 percent in 2010:2. While tourism spending outpaced…

State Quarterly Personal Income, 1st quarter 2009-3rd quarter 2010

December 17, 2010 | News Release

WASHINGTON DC, December 17, 2010 - State personal income growth slowed to an average 0.7 percent in the third quarter of 2010 down from 1.4 percent in the second quarter, according to estimates released today by the U.S. Bureau of Economic Analysis. The slowdown was spread widely across the country with growth decelerating in 41 states, unchanged in 3, and accelerating in 6 states. The national price index for personal consumption…

U.S. International Transactions, 3rd quarter 2010

December 16, 2010 | News Release

NOTE: See the navigation bar at the right side of the news release text for links to data tables, contact personnel and their telephone numbers, and supplementary materials.

 

 

 

 

Sarah Scott Thomas: (202) 606-9286  

 

 

 

 

Revised Gross Domestic Product by Industry, 2009

December 14, 2010 | News Release

Revised Statistics of Gross Domestic Product by Industry for 2007-2009

Downturns in durable-goods manufacturing and professional, scientific, and technical services along with the continued contraction of construction were among the leading contributors to the decline in U.S. economic growth in 2009, according to revised statistics on the breakout of real gross domestic product (GDP) by industry from the Bureau of Economic Analysis.

Personal Income and Outlays, October 2010

November 24, 2010 | News Release

Personal income increased $57.6 billion, or 0.5 percent, and disposable personal income (DPI) increased $48.3 billion, or 0.4 percent, inOctober, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $44.0 billion, or 0.4 percent.

Gross Domestic Product, 3rd quarter 2010 (second estimate) | Corporate Profits, 3rd quarter 2010 (preliminary estimate)

November 23, 2010 | 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 2.5 percent in the third quarter of 2010, (that is, from the second quarter to the third quarter), according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.7 percent. The GDP estimates released today are based on…