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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September 2020 Trade Gap is $63.9 Billion
The U.S. monthly international trade deficit decreased in September 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $67.0 billion in August (revised) to $63.9 billion in September, as exports increased more than imports. The previously published August deficit was $67.1 billion. The goods deficit decreased $3.1 billion in September to $80.7 billion. The services surplus increased…
U.S. International Trade in Goods and Services, September 2020
The U.S. monthly international trade deficit decreased in September 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $67.0 billion in August (revised) to $63.9 billion in September, as exports increased more than imports. The previously published August deficit was $67.1 billion. The goods deficit decreased $3.1 billion in September to $80.7 billion. The services surplus increased less…
Personal Income and Outlays, September 2020
Personal income increased 0.9 percent while consumer spending increased 1.4 percent in September, according to estimates released today by the Bureau of Economic Analysis.
Personal Income and Outlays, September 2020
Personal income increased 0.9 percent while consumer spending increased 1.4 percent in September, according to estimates released today by the Bureau of Economic Analysis.
Gross Domestic Product, Third Quarter 2020 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. In the second quarter of 2020, real GDP decreased 31.4 percent. For more details, including source data, see the Technical Note.
Gross Domestic Product, Third Quarter 2020 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. In the second quarter of 2020, real GDP decreased 31.4 percent.
2021 Calendar Features Advances in State Data
Want to stay on top of what’s happening with state economies? BEA’s 2021 calendar has some new dates to circle. Next year our key state economic measure will be published earlier each quarter. And we’ll introduce inflation-adjusted consumer spending statistics for every state.
Personal Consumption Expenditures by State, 2019
State personal consumption expenditures (PCE) increased 3.9 percent in 2019, a deceleration from the 4.9 percent increase in 2018. The percent change in PCE across all states ranged from 5.7 percent in Utah to 1.8 percent in Vermont.
Personal Consumption Expenditures by State, 2019
State personal consumption expenditures (PCE) increased 3.9 percent in 2019, a deceleration from the 4.9 percent increase in 2018. The percent change in PCE across all states ranged from 5.7 percent in Utah to 1.8 percent in Vermont.
August 2020 Trade Gap is $67.1 Billion
The U.S. monthly international trade deficit increased in August 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $63.4 billion in July (revised) to $67.1 billion in August, as imports increased more than exports. The previously published July deficit was $63.6 billion. The goods deficit increased $3.0 billion in August to $83.9 billion. The services surplus decreased $0.7 billion…