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
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Personal Income and Outlays, July 2005
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Gross Domestic Product and Corporate Profits: Second Quarter 2005 "preliminary" estimates
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U.S. International Trade in Goods and Services: June 2005
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Personal Income and Outlays, June 2005
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Gross Domestic Product: Second Quarter 2005 "advance" estimates
The tables from this news release are available in XLS format and the entire release is available in PDF format. Also available: a brief summary of highlights.
2005 Annual Revision of the National Income and Product Accounts Table Headers and Stubs for the 2005 Annual Revision to the National Income and Product Accounts
U.S. International Trade in Goods and Services: May 2005
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Personal Income and Outlays, May 2005
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Gross Domestic Product and Corporate Profits: First Quarter 2005 "final" estimates
The tables from this news release are available in XLS format and the entire release is available in PDF format. Also available: a brief summary of highlights.
2005 Annual Revision of the National Income and Product Accounts Table Headers and Stubs for the 2005 Annual Revision to the National Income and Product Accounts
Gross State Product (GSP) by Industry, 2001-2003 and Accelerated Total GSP for 2004
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