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
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Personal Income Increases in September
Personal income rose 0.5 percent in September, the same as in August. Wages and salaries, the largest component of personal income, rose 0.4 percent after rising 0.5 percent. Farm proprietors’ income was boosted in September, reflecting the settlement of a class-action discrimination lawsuit against the U. S. Department of Agriculture.
Current-dollar disposable personal income (DPI), after-tax income, rose 0.5…
Personal Income and Outlays, September 2013
Personal income increased $67.4 billion, or 0.5 percent, and disposable personal income (DPI) increased $64.8 billion, or 0.5 percent, in September, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $24.7 billion, or 0.2 percent.
GDP Growth Picks Up in Third Quarter
Real gross domestic product (GDP) increased 2.8 percent in the third quarter of 2013, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, the growth rate was 2.5 percent.
GDP growth The third-quarter growth reflected the following:
Gross Domestic Product, 3rd quarter 2013 (advance estimate)
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 2.8 percent in the third quarter of 2013 (that is, from the second quarter to the third quarter), according to the "advance" estimate released by the Bureau of Economic Analysis.
State Personal Income: Second Quarter 2013
State personal incomes grew 1.0 percent on average in the second quarter of 2013 after falling 1.3 percent in the first quarter. Personal income growth ranged from 1.5 percent in Florida and Arizona to –0.7 percent in Nebraska. The national price index for personal consumption expenditures was unchanged in the second quarter after rising 0.3 percent in the first quarter.
For more information on state personal income, see the…
State Quarterly Personal Income, 1st quarter 2001-2nd quarter 2013; State Annual Personal Income, 2001-2012 (benchmark estimate)
State personal incomes grew 1.0 percent on average in the second quarter of 2013 after falling 1.3 percent in the first quarter, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income growth ranged from 1.5 percent in Florida and Arizona to -0.7 percent in Nebraska. The national price index for personal consumption expenditures was unchanged in the second quarter after rising 0.3 percent in the first…
Personal Income Increases in August
Personal income increased 0.4 percent in August after increasing 0.2 percent in July. Wages and salaries, the largest component of personal income, increased 0.4 percent in August after decreasing 0.3 percent in July. Government wages were reduced in August and in July due to furloughs.
Current-dollar disposable personal income (DPI), after-tax income, increased 0.5 percent in August after increasing 0.3 percent in July…
Personal Income and Outlays, August 2013
Personal income increased $57.2 billion, or 0.4 percent, and disposable personal income (DPI) increased $56.2 billion, or 0.5 percent, in August, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $34.5 billion, or 0.3 percent. In July, personal income increased $21.2 billion, or 0.2 percent, DPI increased $32.7 billion, or 0.3 percent, and PCE increased $18.3 billion, or 0.2 percent, based on…