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
Gross Domestic Product, 1st quarter 1999 (advance estimate)
This release is available as an Adobe Acrobat PDF file download.
NOTE: On May 13, 1999, Table 2 of this news release was recalculated; the recalculated table is here.
State Personal Income, 4th quarter 1998 and Per Capita Personal Income, 1998 (preliminary)
You may also view this press release in Adobe Acrobat PDF format.
1998 STATE PER CAPITA PERSONAL INCOME and STATE PERSONAL INCOME (Preliminary)
North Dakota and Colorado led the nation in per capita personal income growth in 1998, according to preliminary estimates released by the Commerce Department's Bureau of Economic Analysis.
U.S. International Trade in Goods and Services for February 1999
This release is available in multiple formats:
Adobe Acrobat (PDF) file Plain text (TXT) fileGross Domestic Product, 4th quarter 1998 (final)
Many of BEA's tables are very wide. Printing tips are available.
U.S. International Trade in Goods and Services for January 1999
This release is available in multiple formats:
Adobe Acrobat (PDF) file Plain text (TXT) fileU.S. International Transactions, 4th quarter and Year 1998
This release is available as a text file download.
Gross Domestic Product, 4th quarter 1998 (preliminary)
Many of BEA's tables are very wide. Printing tips are available.
Virginia H. Mannering: (202) 606-5304 BEA 99-05 Recorded message: 606-5306
GROSS DOMESTIC PRODUCT: FOURTH QUARTER 1998 (PRELIMINARY)
U.S. International Trade in Goods and Services for December 1998
This release is available in multiple formats:
Adobe Acrobat (PDF) file Plain text (TXT) file