GDP (Advance Estimate), 4th Quarter and Year 2025

Q4 (Adv) 2025
+1.4%
Q3 2025
+4.4%

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.

  • Current Release: February 20, 2026
  • Next Release: : March 13, 2026

GDP (Advance Estimate), 4th Quarter and Year 2025

  • Full Release & Tables (PDF)
  • Tables Only (Excel) Note. News release tables in PDF and Excel format will no longer be provided beginning with the third estimate for the fourth quarter of 2025 on April 9, 2026. The news release text has been modified to include links to BEA’s online Interactive Data Tables.
  • Historical Comparisons (PDF)
  • Vintage History (Excel)
  • Key source data and assumptions (Excel)
  • Revision Information
  • Additional Information
  • What is Gross Domestic Product?

    A comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation's overall economic health.

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