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
Personal Income November 2003
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U.S. International Trade in Goods and Services: October 2003
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2003 Comprehensive Revision of the National Income and Product Accounts
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Tourism Satellite Accounts, Third Quarter 2003
The tables in this release are available in an XLS spreadsheet and the entire release is available in PDF format.
Personal Income October 2003
NOTE: This release has not been updated to reflect the 2003 comprehensive revision.
Gross Domestic Product and Corporate Profits Third Quarter 2003 "preliminary" estimates
NOTE: This release has not been updated to reflect the 2003 comprehensive revision.
U.S. International Trade in Goods and Services: September 2003
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Personal Income September 2003
The tables in this release are available in an XLS spreadsheet and the entire release is available in PDF format.
Gross Domestic Product Third Quarter 2003 "advance" estimates
The tables in this release are available in an XLS spreadsheet, and the entire release is available in PDF format.