Bureau of Economic Analysis

A blog post from BEA Director Vipin Arora 

Have you ever noticed how some things just go better together? Probably tops on my list are peanut butter and chocolate—neither one is the same without the other. But don’t forget about raisins and bran or watermelon and feta cheese (surprisingly better than it sounds).

The U.S. goods and services trade deficit increased in November 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $29.2 billion in October (revised) to $56.8 billion in November, as exports decreased and imports increased. The goods deficit increased $27.9 billion in November to $86.9 billion. The services surplus increased $0.3 billion in November to $30.1 billion.

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

International Trade in Goods and Services, December and Annual 2025, will be released on Feb. 19 at 8:30 a.m. These data were originally scheduled for release on Feb. 5. 

A blog post from BEA Director Vipin Arora 

A couple of years ago, I wrote about our success in harmonizing BEA’s national, industry, and regional statistics. This was a monumental achievement. It ensured that for any given update, the national, industry, and regional statistics cover the same periods, use the same vintages of underlying source data, and are based on comparable methods and classification frameworks.

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.

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)…

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…

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).

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

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.