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, March 2008

May 1, 2008 | News Release

March 2008 Personal income increased $38.8 billion, or 0.3 percent, and disposable personal income (DPI) increased $29.6 billion, or 0.3 percent, in March, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $42.9 billion, or 0.4 percent.

Gross Domestic Product, First Quarter 2008 (advance)

April 30, 2008 | 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 0.6 percent in the first quarter of 2008, according to advance estimates released by the Bureau of Economic Analysis. In the fourth quarter, real GDP also increased 0.6 percent. The Bureau emphasized that the first-quarter "advance" estimates are based on source data that are…

Gross Domestic Product by Industry (advance)

April 29, 2008 | News Release

This release is available as a PDF download.

Local Area Personal Income, 2006

April 24, 2008 | News Release

WASHINGTON DC, April 24, 2008 – Today, the Bureau of Economic Analysis (BEA) released estimates of personal income at the county level for 2006 based on newly available source data. Personal income is a comprehensive measure of the income of all persons from all sources. In addition to wages and salaries it includes employer–provided health insurance, dividends and interest income, social security benefits, and other types of income.1

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

April 17, 2008 | 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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U.S. International Trade in Goods and Services: February 2008

April 10, 2008 | News Release

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

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Personal Income and Outlays, February 2008

March 28, 2008 | News Release

February 2008 PERSONAL INCOME AND OUTLAYS: FEBRUARY 2008 Personal income increased $56.0 billion, or 0.5 percent, and disposable personal income (DPI) increased $48.7 billion, or 0.5 percent, in February, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $12.0 billion, or 0.1 percent.

Gross Domestic Product and Corporate Profits, Fourth Quarter 2007 (final)

March 27, 2008 | 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 0.6 percent in the fourth quarter of 2007, according to final estimates released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 4.9 percent. The GDP estimates released today are based on more complete source data than were available for the preliminary…

State Quarterly Personal Income, 1st quarter 2004-4th quarter 2007; State Annual Personal Income, 2007 (preliminary)

March 26, 2008 | News Release

WASHINGTON DC, March 26, 2008 - U.S. personal income grew 6.2 percent in 2007, down from 6.7 percent in 2006, according to preliminary estimates released today by the U.S. Bureau of Economic Analysis. On average, personal income has grown 6.2 percent for the last four years. Inflation, as measured by the national price index for personal consumption expenditures, slowed to 2.6 percent in 2007 down from 2.9 percent in 2006.

Travel and Tourism Satellite Accounts, 4th Quarter and Annual 2007

March 19, 2008 | News Release

Fourth Quarter and Annual 2007

Spending on tourism (adjusted for price changes) increased at an annual rate of 2.0 percent in 2007:4, according to the Bureau of Economic Analysis, reflecting a rise in spending on accommodations and food that was partly offset by a decrease in spending on transportation and entertainment. In 2007:3, spending on tourism grew 1.8 percent (revised). By comparison, real gross domestic product (GDP) grew at an…