Bureau of Economic Analysis

The U.S. goods and services trade deficit decreased in October 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $48.1 billion in September (revised) to $29.4 billion in October, as exports increased and imports decreased. The goods deficit decreased $19.2 billion in October to $59.1 billion. The services surplus decreased $0.4 billion in October to $29.8 billion.

SUITLAND, Md. – The following updates to BEA’s post-shutdown economic release schedule are currently available:

New dates: 

Personal Income and Outlays, October and November 2025, will be released Jan. 22 at 10 a.m. The October and November reports, originally scheduled separately for Nov. 26 and Dec. 19, 2025, will be combined into one release with statistics for both months.

A blog post from BEA Director Vipin Arora

BEA produces some of the world’s most closely watched economic statistics. That’s because we’re laser focused on delivering innovative statistics that keep pace with the U.S. economy. To do this, we ensure that our research—which lays the foundation for keeping our statistics as timely, accurate, and relevant as possible—prioritizes improving measurement in five key areas.

Real gross domestic product (GDP) increased at an annual rate of 4.3 percent in the third quarter of 2025 (July, August, and September), according to the initial estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.8 percent. The increase in real GDP in the third quarter reflected increases in consumer spending, exports, and government spending that were partly offset by a decrease in investment…

Personal income and outlays data for the months of July, August, and September 2025 were updated on December 23 with the initial estimate of gross domestic product (GDP) for the third quarter of 2025. The full updated monthly statistics, reflecting newly available source data, are available in a Tables Only spreadsheet, in BEA’s interactive data tables, and via the API.

SUITLAND, Md. – The following updates to BEA’s post-shutdown economic release schedule are currently available:

U.S. International Trade in Goods and Services, October 2025, will be released on Jan. 8, 2026, at 8:30 a.m. These data were originally scheduled for release on Dec. 4.

U.S. International Trade in Goods and Services, November 2025, will be released on Jan. 29, 2026, at 8:30 a.m. These data were originally scheduled for…

SUITLAND, Md. – Personal income and outlays data for the months of July, August, and September 2025 will be updated with the initial estimate of Gross Domestic Product for the third quarter of 2025 on Dec. 23 at 8:30 a.m.

A blog post from BEA Director Vipin Arora

I’ve always thought that a good analogy for the way we develop our economic estimates at BEA is how a master watchmaker constructs a watch. The watchmaker starts with a blueprint for the design of the watch, just as we begin with the methods of our world-leading economic accounts. Based on that design, the watchmaker carefully selects and assembles the components of the watch. Similarly,…

The U.S. goods and services trade deficit decreased in September 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $59.3 billion in August (revised) to $52.8 billion in September, as exports increased more than imports. The goods deficit decreased $7.1 billion in September to $79.0 billion. The services surplus decreased $0.6 billion in September to $26.2 billion.

SUITLAND, Md. – The following updates to BEA’s post-shutdown economic release schedule are currently available:

Gross Domestic Product, 3rd Quarter 2025 (Updated Estimate), GDP by Industry, and Corporate Profits (Revised) will be released on Jan. 22, 2026, at 8:30 a.m. This report will be the equivalent of a third estimate of quarterly GDP, replacing Gross Domestic Product, 3rd Quarter 2025 (Third Estimate), GDP by Industry,…