February 20, 2026

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

Gross Domestic Product
Q4 (Adv) 2025
+1.4%
Personal Income
December 2025
+0.3%
International Trade in Goods and Services
December 2025
-$70.3 B
International Transactions
Q3 2025
-$226.4 B

Noteworthy

The Latest

Gross Domestic Product, Fourth Quarter 2000 "advance" estimate

| News Release

The entire release is available in PDF format.

State Personal Income, Third Quarter 2000

| News Release

 

Many of BEA's tables are very wide; printing tips are available. You may also view this press release in Adobe Acrobat PDF format.

 

U.S. International Trade in Goods and Services, November 2000

| News Release

For plain text copies of the tables, please visit the Census web site.

Personal Income and Outlays, November 2000

| News Release

The entire release is available in PDF format.

Gross Domestic Product, Third Quarter 2000 "final" estimate

| News Release

The entire release is available in PDF format.

U.S. International Trade in Goods and Services, October 2000

| News Release

   

The text of today's release is shown below; detailed tables will be posted shortly.

 

-->

This release is issued jointly with the Bureau of Census and is made available on both the Census and the BEA Web sites; to visit the Census site, click here.

Input-Output Estimates, 1997

| News Release

   

Note: For ease of printing, the table accompanying this release is available in Adobe Acrobat (PDF) format.

 

Mark A. Planting (202) 606-5584 BEA 00-37

 

Interindustry Relationships in the U.S. Economy:

New Annual Input-Output Estimates for 1997

 

U.S. International Transactions Third Quarter 2000

| News Release

 

Many of BEA's tables are very wide. Printing tips are available. This release is also available in Adobe Acrobat (PDF) format for easier printing.

Personal Income and Outlays, October 2000

| News Release

The entire release is available in PDF format.

Gross Domestic Product, Third Quarter 2000 "preliminary" estimate

| News Release

The entire release is available in PDF format.