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Perspective from the BEA Accounts

BEA produces some of the most closely watched economic statistics that influence decisions of government officials, business people, and individuals. These statistics provide a comprehensive, up-to-date picture of the U.S. economy. The data on this page are drawn from featured BEA economic accounts.

National Economic Accounts

Gross Domestic Product, 2nd Quarter 2025 (Third Estimate), GDP by Industry, Corporate Profits (Revised), and Annual Update

Q2 2025 (3rd)
+3.8%
Q1 2025
-0.6%

Real gross domestic product (GDP) increased at an annual rate of 3.8 percent in the second quarter of 2025 (April, May, and June), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.6 percent (revised). The increase in real GDP in the second quarter primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP, and an increase in consumer spending. These movements were partly offset by decreases in investment and exports.

  • Current release: September 25, 2025
  • Next release: October 30, 2025

Personal Income and Outlays, August 2025

August 2025
+0.4%
July 2025
+0.4%

Personal income increased $95.7 billion (0.4 percent at a monthly rate) in August, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $86.1 billion (0.4 percent) and personal consumption expenditures (PCE) increased $129.2 billion (0.6 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $132.9 billion in August. Personal saving was $1.06 trillion in August and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.6 percent.

  • Current release: September 26, 2025
  • Next release: October 31, 2025

International Economic Accounts

U.S. International Transactions, 2nd Quarter 2025

Q2 2025
-$251.3 B
Q1 2025
-$439.8 B

The U.S. current-account deficit narrowed by $188.5 billion, or 42.9 percent, to $251.3 billion in the second quarter of 2025, according to statistics released today by BEA. The revised first-quarter deficit was $439.8 billion. The second-quarter deficit was 3.3 percent of current-dollar gross domestic product, down from 5.9 percent in the first quarter.

  • Current Release: September 23, 2025
  • Next Release: December 18, 2025

U.S. International Investment Position, 2nd Quarter 2025

End of 2nd quarter 2025
-$26.14 trillion
End of 1st quarter 2025
-$24.65 trillion

The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was -$26.14 trillion at the end of the second quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $39.56 trillion, and liabilities were $65.71 trillion. At the end of the first quarter, the net investment position was -$24.65 trillion (revised).

  • Current Release: September 29, 2025
  • Next Release: December 23, 2025

U.S. International Trade in Goods and Services, July 2025

July 2025
-$78.3 B
June 2025
-$59.1 B

The U.S. goods and services trade deficit increased in July 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $59.1 billion in June (revised) to $78.3 billion in July, as imports increased more than exports. The goods deficit increased $18.2 billion in July to $103.9 billion. The services surplus decreased $1.1 billion in July to $25.6 billion.

  • Current Release: September 4, 2025
  • Next release: October 7, 2025

New Foreign Direct Investment in the United States, 2024

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $151.0 billion in 2024, according to preliminary statistics released today by the U.S. Bureau of Economic Analysis. Expenditures decreased $24.9 billion, or 14.2 percent, from $176.0 billion (revised) in 2023 and were below the annual average of $277.2 billion for 2014–2023. As in previous years, acquisitions of existing U.S. businesses accounted for most of the expenditures.

  • Current release: July 11, 2025
  • Next release: July 2026

Regional Economic Accounts

Gross Domestic Product by State and Personal Income by State, 2nd quarter 2025 and Personal Consumption Expenditures by State, 2024

Real gross domestic product (GDP) increased in 48 states in the second quarter of 2025. The percent change at an annual rate in real GDP was 3.8 percent nationally, with state-level changes ranging from a 7.3 percent increase in North Dakota to a 1.1 percent decline in Arkansas.

Personal income increased in all 50 states and the District of Columbia in the second quarter of 2025. The percent change at an annual rate in current-dollar personal income was 5.5 percent nationally, with state-level changes ranging from a 10.4 percent increase in Kansas to a 0.9 percent increase in Arkansas.

Personal consumption expenditures (PCE) increased in all 50 states and the District of Columbia in 2024. Current-dollar PCE increased 5.6 percent nationally, with state-level changes in PCE ranging from a 7.0 percent increase in Florida to a 4.3 percent increase in Mississippi.

  • Current Release: September 26, 2025
  • Next Release: December 22, 2025

Gross Domestic Product by County and Metropolitan Area, 2023

In 2023, real gross domestic product (GDP) increased in 2,357 counties, decreased in 734 counties, and was unchanged in 23 counties. The percent change in real GDP ranged from 125.8 percent in Throckmorton County, TX, to –39.6 percent in Lincoln County, WA.

  • Current Release: December 4, 2024
  • Next Release: December 3, 2025

Personal Income by County and Metropolitan Area, 2023

In 2023, personal income, in current dollars, increased in 2,814 counties, decreased in 295, and was unchanged in five counties in 2023. Personal income increased 6.0 percent in the metropolitan portion of the United States and 4.7 percent in the nonmetropolitan portion.

  • Current Release: November 14, 2024
  • Next Release: December 3, 2025