Perspective from the BEA Accounts

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.

National Economic Accounts

Gross Domestic Product, 3rd Quarter 2025 (Initial Estimate) and Corporate Profits (Preliminary)

Q3 2025 (Initial)
+4.3%
Q2 2025
+3.8%

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. Imports, which are a subtraction in the calculation of GDP, decreased.

  • Current Release: December 23, 2025
  • Next Release: January 22, 2026

Personal Income and Outlays, Data Update, September 2025

September 2025
+0.4%
August 2025
+0.4%

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.

  • Current release: December 23, 2025
  • Next release: To Be Rescheduled

International Economic Accounts

U.S. International Transactions, 2nd Quarter 2025

Q2 2025
-$251.3 B
Q1 2025
-$439.8 B

The U.S. current-account deficit narrowed by $188.5 billion, or 42.9 percent, to $251.3 billion in the second quarter of 2025, according to statistics released today by BEA. The revised first-quarter deficit was $439.8 billion. The second-quarter deficit was 3.3 percent of current-dollar gross domestic product, down from 5.9 percent in the first quarter.

  • Current Release: September 23, 2025
  • Next Release: January 14, 2026

U.S. International Investment Position, 2nd Quarter 2025

End of 2nd quarter 2025
-$26.14 trillion
End of 1st quarter 2025
-$24.65 trillion

The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was -$26.14 trillion at the end of the second quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $39.56 trillion, and liabilities were $65.71 trillion. At the end of the first quarter, the net investment position was -$24.65 trillion (revised).

  • Current Release: September 29, 2025
  • Next Release: January 16, 2026

U.S. International Trade in Goods and Services September 2025

September 2025
-$52.8 B
August 2025
-$59.3 B

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.

  • Current release: December 11, 2025
  • Next release: January 8, 2026

New Foreign Direct Investment in the United States, 2024

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.

  • Current release: July 11, 2025
  • Next release: July 2026

Regional Economic Accounts

Gross Domestic Product by County and Metropolitan Area, 2023

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.

  • Current Release: December 4, 2024
  • Next Release: February 5, 2026

Personal Income by County and Metropolitan Area, 2023

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.

  • Current Release: November 14, 2024
  • Next Release: February 5, 2026