Gross Domestic Product
Gross Domestic Product, 3rd Quarter 2025 (Initial Estimate) and Corporate Profits (Preliminary)
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Q3 2025 (Initial)
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+4.3%
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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 4.3 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
- Percent Change in Real GDP: Years, Since 1930
- Percent Change in Real GDP: Quarters, Since 1947
- Real GDP (Inflation-Adjusted Dollars): Years, Since 1929
- Real GDP (Inflation-Adjusted Dollars): Quarters, Since 1947
- Current-Dollar GDP: Years, Since 1929
- Current-Dollar GDP: Quarters, Since 1947
- Underlying Detail Tables
- Motor vehicles December 23, 2025
- Prices and Output for Information and Communication Technologies
- Estimates prepared for international comparisons based on the System of National Accounts
- Additional Tables
- Data Archive Previously published estimates contain historical data and have since been revised.
- News Release Archive
- Vintage History of Quarterly Gross Domestic Product (GDP) and Gross Domestic Income (GDI) Estimates
What is Gross Domestic Product?
A comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation's overall economic health.
Contact Personnel
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GDPLisa Mataloni
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Corporate ProfitsKate Pinard
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MediaConnie O'Connell