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

Summary Estimates for Multinational Companies, 2008

April 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.

Summary Estimates for Multinational Companies: Employment, Sales, and Capital Expenditures for 2006

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Personal Income and Outlays, February 2010

March 29, 2010 | News Release

Personal income increased $1.2 billion, or less than 0.1 percent, and disposable personal income (DPI) increased $1.6 billion, or less than 0.1 percent, inFebruary, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $34.7 billion, or 0.3 percent.

Gross Domestic Product, 4th quarter 2009 (third estimate); Corporate Profits, 4th quarter 2009

March 26, 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 5.6 percent in the fourth quarter of 2009, (that is, from the third quarter to the fourth quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.2 percent. The GDP estimate released today is based…

State Quarterly Personal Income, 1st quarter 2006-4th quarter 2009; State Annual Personal Income, 2009 (preliminary estimate)

March 25, 2010 | News Release

WASHINGTON DC, March 25, 2010 – State personal income declined an average 1.7 percent in 2009, according to estimates released today by the U.S. Bureau of Economic Analysis. The annual percentage change in state personal income ranged from -4.8 percent in Nevada to 2.1 percent in West Virginia (one of six states with a personal income gain in 2009). Inflation, as measured by the national price index for personal consumption expenditures,…

Travel and Tourism Satellite Accounts, 4th Quarter and Annual 2009

March 19, 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 decreased at an annual rate of 2.3 percent in 2009:4, following an increase of 6.6 percent (revised) in 2009:3. By comparison, real gross domestic product (GDP) increased 5.9 percent (second estimate) in 2009:4 after increasing 2.2 percent in 2009:3. Travel and tourism prices increased…

U.S. International Transactions, 4th quarter 2009

March 18, 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. -->

Personal Income and Outlays, January 2010

March 1, 2010 | News Release

Personal income increased $11.4 billion, or 0.1 percent, and disposable personal income (DPI) decreased $47.6 billion, or 0.4 percent, inJanuary, according to the Bureau of Economic Analysis. The decrease in DPI reflected an increase in federal nonwithheld income taxes. Personal consumption expenditures (PCE) increased $52.4 billion, or 0.5 percent.

Gross Domestic Product, 4th quarter 2009 (second estimate)

February 26, 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 5.9 percent in the fourth quarter of 2009 (that is, from the third quarter to the fourth quarter) according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.2 percent. The GDP estimates released today are based on more…