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, 3rd quarter 1998 (preliminary); Corporate Profits, 3rd quarter 1998 (preliminary)
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U.S. International Trade in Goods and Services, September 1998
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Personal Income and Outlays, September 1998
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Gross Domestic Product, 3rd quarter 1998 (advance)
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State Personal Income, 2nd quarter 1998
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U.S. International Trade in Goods and Services, August 1998
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Personal Income and Outlays, August 1998
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Gross Domestic Product, 2nd quarter 1998 (final); Corporate Profits, 2nd quarter 1998 (revised)
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U.S. International Trade in Goods and Services, July 1998
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1997 State Per Capita Personal Income and State Personal Income (revised)
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