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
Personal Income and Outlays, May 1997
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U.S. Net International Investment Position, 1996
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Gross Domestic Product, 1st quarter 1997 (final); Corporate Profits, 1st quarter 1997 (revised)
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U.S. International Transactions, 1st quarter 1997
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U.S. International Trade in Goods and Services, April 1997
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Gross State Product, New estimates for 1993-94 and revised estimates for 1977-92
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Personal Income and Outlays, April 1997
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Gross Domestic Product, 1st quarter 1997 (preliminary); Corporate Profits, 1st quarter 1997 (preliminary)
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U.S. International Trade in Goods and Services, March 1997
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