Official Publication Edition · GDP
Source-grounded publication
growth update
A deterministic draft grounded in the retained evidence bundle.
Source
Gross Domestic Product, 1st Quarter 2025 (Advance Estimate)
Sections
Publication sections
Key points
Excluding food and energy prices, the PCE price index increased 3.5 percent, compared with an increase of 2.6 percent. The personal consumption expenditures (PCE) price index increased 3.6 percent, compared with an increase of 2.4 percent. The Bureau of Economic Analysis reported in the latest update.
1 Percent changes in quarterly seasonally adjusted series are displayed at annual rates, unless otherwise specified. The release states in the latest update.
Real GDP decreased at an annual rate of 0.3 percent (less than 0.1 percent at a quarterly rate 1 ) in the earlier quarter, primarily reflecting an increase in imports and a decrease in government spending that were partly offset by increases in investment, consumer spending, and exports. According to the official release in the latest update.
In the reported quarter of 2024, real GDP increased 2.4 percent. The data show in the latest update.
Real final sales to private domestic purchasers , the sum of consumer spending and gross private fixed investment, increased 3.0 percent in the earlier quarter, compared with an increase of 2.9 percent in the reported quarter. This update indicates in the latest update.
Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the earlier quarter of 2025 (January, February, and March), according to the advance estimate released by the U.S. The Bureau of Economic Analysis reported in the latest update.
The price index for gross domestic purchases increased 3.4 percent in the earlier quarter, compared with an increase of 2.2 percent in the reported quarter. The release states in the latest update.
Verified evidence
Publication data points
| Label | Value | Unit | Period |
|---|---|---|---|
| Excluding food and energy prices, the PCE price index increased 3.5 percent, compared with an increase of 2.6 percent. | 3.5 | percent | — |
| The personal consumption expenditures (PCE) price index increased 3.6 percent, compared with an increase of 2.4 percent. | 3.6 | percent | — |
| 1 Percent changes in quarterly seasonally adjusted series are displayed at annual rates, unless otherwise specified. | 1 | percent | — |
| Real GDP decreased at an annual rate of 0.3 percent (less than 0.1 percent at a quarterly rate 1 ) in the earlier quarter, primarily reflecting an increase in imports and a decrease in government spending that were partly offset by increases in investment, consumer spending, and exports. | 0.3 | percent | — |
| In the reported quarter of 2024, real GDP increased 2.4 percent. | 2.4 | percent | — |
| Real final sales to private domestic purchasers , the sum of consumer spending and gross private fixed investment, increased 3.0 percent in the earlier quarter, compared with an increase of 2.9 percent in the reported quarter. | 3 | percent | — |
| Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the earlier quarter of 2025 (January, February, and March), according to the advance estimate released by the U.S. | 0.3 | percent | — |
| The price index for gross domestic purchases increased 3.4 percent in the earlier quarter, compared with an increase of 2.2 percent in the reported quarter. | 3.4 | percent | — |
Source and methodology
The retained source text supplies the statements used throughout this report, and the linked release remains the reference for definitions and contextual detail. The retained text provides the scope and terminology used across this report. Each factual passage stays attached to the evidence reference supplied by the source.
Caveats
- Evidence boundary: This edition is limited to claims retained from the linked official publication.
Corrections
Correction state: none