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

U.S. International Transactions: Fourth Quarter 2007

March 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.

 

 

 

 

 

 

 

 

 

 

 

Douglas B. Weinberg: (202) 606-9590  

 

 

 

 

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

March 11, 2008 | News Release

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

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Personal Income and Outlays, January 2008

February 29, 2008 | News Release

January 2008 Personal income increased $32.2 billion, or 0.3 percent, and disposable personal income (DPI) increased $46.6 billion, or 0.4 percent, in January, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $39.9 billion, or 0.4 percent.

Gross Domestic Product, Fourth Quarter 2007 (preliminary)

February 28, 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 preliminary 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 advance…

U.S. International Trade in Goods and Services: December 2007

February 14, 2008 | News Release

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

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Personal Income and Outlays, December 2007

January 31, 2008 | News Release

DECEMBER 2007 Personal income increased $55.1 billion, or 0.5 percent, and disposable personal income (DPI) increased $47.5 billion, or 0.5 percent, in December, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $23.5 billion, or 0.2 percent.

Gross Domestic Product, Fourth Quarter 2007 (advance)

January 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 fourth quarter of 2007, according to advance estimates released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 4.9 percent. The Bureau emphasized that the fourth-quarter "advance" estimates are based on source data that are…

Revised Statistics of Gross Domestic Product by Industry, 2004-2006

January 29, 2008 | News Release

Revised Statistics of Gross Domestic Product by Industry, 2004-2006

Revised statistics on the industry distribution of real gross domestic product (GDP), released today by the U.S. Bureau of Economic Analysis, show that the private services-producing sector continued to lead overall GDP growth in 2006, increasing 4.2 percent, while growth in the private goods-producing sector slowed to 0.8 percent. Overall growth of the U.S. economy…

U.S. International Trade in Goods and Services: November 2007

January 11, 2008 | 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 November 2007 Goods and Services The U.S. Census Bureau and the U.S.

Personal Income and Outlays, November 2007

December 21, 2007 | News Release

NOVEMBER 2007 Personal income increased $43.1 billion, or 0.4 percent, and disposable personal income (DPI) increased $32.9 billion, or 0.3 percent, in November, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $110.6 billion, or 1.1 percent.