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Gross Domestic Product

GDP (Second Estimate), 4th Quarter and Year 2025

Q4 2025 (2nd)
+0.7%
Q3 2025
4.4%

Real gross domestic product (GDP) increased at an annual rate of 0.7 percent in the fourth quarter of 2025 (October, November, and December), according to the second estimate released today by the U.S. Bureau of Economic Analysis. In the third quarter, real GDP increased 4.4 percent. The contributors to the increase in real GDP in the fourth quarter were increases in consumer spending and investment. These movements were partly offset by decreases in government spending and exports. Imports, which are a subtraction in the calculation of GDP, decreased.

Current Release
  • Current Release: : March 13, 2026
  • Next Release: : April 9, 2026

Current Release

GDP (Second Estimate), 4th Quarter and Year 2025

  • Full Release & Tables (PDF)
  • Tables Only (Excel) Note. News release tables in PDF and Excel format will no longer be provided beginning with the third estimate for the fourth quarter of 2025 on April 9, 2026. The news release text has been modified to include links to BEA’s online Interactive Data Tables.
  • Historical Comparisons (PDF)
  • Vintage History (Excel)
  • Key source data and assumptions (Excel)
  • Revision Information
  • Additional Information

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    BEA 26-46

    Scheduled Date
    December 23 08:30:am
    Release Title
    GDP (Third Estimate), Industries, Corporate Profits, State GDP, and State Personal Income, 3rd Quarter 2026

    BEA 26-09

    Scheduled Date
    April 9 08:30:am
    Release Title
    GDP (Third Estimate), Industries, Corporate Profits, State GDP, and State Personal Income, 4th Quarter and Year 2025
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