Bureau of Economic Analysis
GDP (Advance Estimate), 4th Quarter and Year 2025 and Personal Income and Outlays, December 2025
GDP (Advance Estimate), 4th Quarter and Year 2025
Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the fourth quarter of 2025 (October, November, and December), according to the advance 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.
Personal Income and Outlays, December 2025
Personal income increased $86.2 billion (0.3 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $75.7 billion (0.3 percent), and personal consumption expenditures (PCE) increased $91.0 billion (0.4 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $90.2 billion in December. Personal saving was $830.8 billion in December, and the personal saving rate—personal saving as a percentage of disposable personal income—was 3.6 percent.
Principal Federal Economic Indicators
Noteworthy
The Latest
State Personal Income: Third Quarter 2004
The tables in this release are available in an XLS spreadsheet and the entire release is available in PDF format.
Tourism Satellite Accounts, Third Quarter 2004
The tables in this release are available in an XLS spreadsheet and the entire release is available in PDF format.
Gross State Product by Industry, 1977-2002 and Accelerated Total GSP 2003
The tables in this release are available in an XLS spreadsheet and the entire release is available in PDF format.
U.S. International Trade in Goods and Services: October 2004
The first two pages of this release are shown in plain text below.
Personal Income, October 2004
The entire release is available in PDF format. The tables in this release are available in an XLS spreadsheet.
Gross Domestic Product and Corporate Profits: Third Quarter 2004 "preliminary" estimates
Updated November 30, 2004. See the notice below.