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

State Quarterly Personal Income, 1st quarter 2005-4th quarter 2008; State Annual Personal Income, 2008 (preliminary)

March 24, 2009 | News Release

WASHINGTON DC, March 24, 2009 – U.S. personal income growth slowed to 3.9 percent in 2008 from 6.0 percent in 2007 with all states except Alaska sharing in the slowdown, according to preliminary estimates released today by the U.S. Bureau of Economic Analysis. The U.S. growth was the slowest since 2003. Inflation, as measured by the national price index for personal consumption expenditures, rose to 3.3 percent in 2008 up from 2.6 percent in…

Travel and Tourism Satellite Accounts, 4th Quarter and Annual 2008

March 19, 2009 | News Release

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

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CONTINUED DECLINE IN TOURISM SPENDING IN FOURTH QUARTER 2008

U.S. International Transactions: Fourth Quarter 2008

March 18, 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.

 

 

 

 

 

 

 

 

 

 

 

Douglas B. Weinberg: (202) 606-9590  

 

 

 

 

U.S. International Transactions: Fourth Quarter 2008 and Year 2008…

U.S. International Trade in Goods and Services: January 2009

March 13, 2009 | 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 January 2009 Goods and…

Personal Income and Outlays, January 2009

March 2, 2009 | News Release

January 2009 Personal income increased $44.8 billion, or 0.4 percent, and disposable personal income (DPI) increased $183.0 billion, or 1.7 percent, in January, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $56.4 billion, or 0.6 percent.

Gross Domestic Product, Fourth Quarter 2008 (preliminary)

February 27, 2009 | News Release

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 6.2 percent in the fourth quarter of 2008, (that is, from the third quarter to the fourth quarter), according to preliminary estimates released by the Bureau of Economic Analysis. In the third quarter, real GDP decreased 0.5 percent. The GDP estimates released today are based on more…

U.S. International Trade in Goods and Services: December 2008

February 11, 2009 | News Release

 

U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce * Washington, DC 20230

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES December 2008

 

Goods and Services

Personal Income and Outlays, December 2008

February 2, 2009 | News Release

December 2008 Personal income decreased $25.3 billion, or 0.2 percent, and disposable personal income (DPI) decreased $25.1 billion, or 0.2 percent, in December, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $102.4 billion, or 1.0 percent.

Gross Domestic Product, Fourth Quarter 2008 (advance)

January 30, 2009 | News Release

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 3.8 percent in the fourth quarter of 2008, (that is, from the third quarter to the fourth quarter), according to advance estimates released by the Bureau of Economic Analysis.

U.S. International Trade in Goods and Services: November 2008

January 13, 2009 | News Release

U.S. International Trade in Goods and Services DECEMBER 2007

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