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, December 2009

February 1, 2010 | News Release

Personal income increased $44.5 billion, or 0.4 percent, and disposable personal income (DPI) increased $45.9 billion, or 0.4 percent, inDecember, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $22.6 billion, or 0.2 percent. In November, personal income increased $61.1 billion, or 0.5 percent, DPI increased $60.7 billion, or 0.5 percent, and PCE increased $69.1 billion, or 0.7 percent, based on…

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

January 29, 2010 | News Release

GROSS DOMESTIC PRODUCT: FOURTH QUARTER 2009 (ADVANCE ESTIMATE) 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 5.7 percent in the fourth quarter of 2009, (that is, from the third quarter to the fourth quarter), according to the "advance" estimate released by the Bureau of Economic Analysis.

U.S. International Trade in Goods and Services, November 2009

January 12, 2010 | News Release

Note: The March release date in the box on page A-5 of the information pages was updated on January 20, 2010 to display the correct date of 3-11-10.

U.S. International Trade in Goods and Services

DECEMBER 2007

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Personal Income and Outlays, November 2009

December 23, 2009 | News Release

Personal income increased $49.7 billion, or 0.4 percent, and disposable personal income (DPI) increased $54.1 billion, or 0.5 percent, inNovember, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $47.9 billion, or 0.5 percent. In October, personal income increased $33.6 billion, or 0.3 percent, DPI increased $50.2 billion, or 0.5 percent, and PCE increased $63.5 billion, or 0.6 percent, based on…

State Personal Income: Third Quarter 2009 [12/17/09]

December 23, 2009 | News Release

State personal income growth averaged 0.3 percent in the third quarter of 2009 with 19 states seeing net earnings growth for the first time in at least a year, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income growth rates ranged from 0.9 percent in Alaska to -0.4 percent in Louisiana.

Gross Domestic Product, 3rd quarter 2009 (third estimate); Corporate Profits, 3rd quarter 2009 (revised estimate)

December 22, 2009 | News Release

GROSS DOMESTIC PRODUCT: THIRD QUARTER 2009 (THIRD ESTIMATE) CORPORATE PROFITS: THIRD QUARTER 2009 (REVISED ESTIMATE) 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 2.2 percent in the third quarter of 2009, (that is, from the second quarter to the third quarter), according to the "…

County Estimates of Compensation by Industry, 2006-2008

December 21, 2009 | News Release

Compensation grew in over 80 percent of the 3,112 counties in the U.S., as the average annual compensation per job in the U.S. grew by 2.6 percent to $56,116, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Total compensation of U.S. workers grew 2.3 percent in 2008, as net job losses partially offset compensation growth. Inflation measured by the national price index for personal consumption…

U.S. International Transactions: Third Quarter 2009

December 16, 2009 | 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. -->

Travel and Tourism Satellite Accounts, 3rd Quarter 2009

December 15, 2009 | News Release

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

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