An official website of the United States government
BEA produces some of the most closely watched economic statistics that influence decisions of government officials, business people, and individuals. These statistics provide a comprehensive, up-to-date picture of the U.S. economy. The data on this page are drawn from featured BEA economic accounts.
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Q3 2025 (Updated)
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+4.4%
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Q2 2025
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+3.8%
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Real gross domestic product (GDP) increased at an annual rate of 4.4 percent in the third quarter of 2025 (July, August, and September), according to the updated 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, government spending, and investment. Imports, which are a subtraction in the calculation of GDP, decreased.
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November 2025
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+0.3%
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October 2025
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+0.1%
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Personal income increased $30.6 billion (0.1 percent at a monthly rate) in October, followed by an increase of $80.0 billion (0.3 percent) in November, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $12.0 billion (0.1 percent), followed by an increase of $63.7 billion (0.3 percent). Personal consumption expenditures (PCE) increased $98.6 billion (0.5 percent), followed by an increase of $108.7 billion (0.5 percent).
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Q3 2025
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-$226.4 B
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Q2 2025
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-$249.2 B
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The U.S. current-account deficit narrowed by $22.8 billion, or 9.2 percent, to $226.4 billion in the third quarter of 2025, according to statistics released today by BEA. The revised second-quarter deficit was $249.2 billion. The third-quarter deficit was 2.9 percent of current-dollar gross domestic product, down from 3.3 percent in the second quarter.
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End of 3rd quarter 2025
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-$27.61 trillion
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End of 2nd quarter 2025
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-$26.16 trillion
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The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was -$27.61 trillion at the end of the third quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $41.27 trillion, and liabilities were $68.89 trillion. At the end of the second quarter, the net investment position was -$26.16 trillion (revised).
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October 2025
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-$29.4 B
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September 2025
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-$48.1 B
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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.
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $151.0 billion in 2024, according to preliminary statistics released today by the U.S. Bureau of Economic Analysis. Expenditures decreased $24.9 billion, or 14.2 percent, from $176.0 billion (revised) in 2023 and were below the annual average of $277.2 billion for 2014–2023. As in previous years, acquisitions of existing U.S. businesses accounted for most of the expenditures.
Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the third quarter of 2025. State-level changes ranged from a 6.5 percent increase in Kansas to a 0.4 percent increase in North Dakota.
Personal income increased in all 50 states and the District of Columbia in the third quarter of 2025. State-level changes ranged from a 6.3 percent increase in Kansas to a 0.1 percent increase in Louisiana.
In 2023, real gross domestic product (GDP) increased in 2,357 counties, decreased in 734 counties, and was unchanged in 23 counties. The percent change in real GDP ranged from 125.8 percent in Throckmorton County, TX, to –39.6 percent in Lincoln County, WA.
In 2023, personal income, in current dollars, increased in 2,814 counties, decreased in 295, and was unchanged in five counties in 2023. Personal income increased 6.0 percent in the metropolitan portion of the United States and 4.7 percent in the nonmetropolitan portion.
