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Official Publication Edition · GDP

Source-grounded publication

growth update

A deterministic draft grounded in the retained evidence bundle.

Published
Release date
PublisherBureau of Economic Analysis

Source

Gross Domestic Product, 2nd Quarter 2025 (Second Estimate) and Corporate Profits (Preliminary)

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Sections

Publication sections

Key points

The personal consumption expenditures (PCE) price index increased 2.0 percent, revised down 0.1 percentage point from the previous estimate. The average of real GDP and real GDI increased 4.0 percent, in contrast to a decrease of 0.1 percent in the earlier quarter. The Bureau of Economic Analysis reported in the latest update.

In the earlier quarter, real GDP decreased 0.5 percent. The release states in the latest update.

1 Percent changes in quarterly seasonally adjusted series are displayed at annual rates, unless otherwise specified. According to the official release in the latest update.

Real final sales to private domestic purchasers , the sum of consumer spending and gross private fixed investment, increased 1.9 percent in the later quarter, revised up 0.7 percentage point from the previous estimate. The data show in the latest update.

Q2 growth compared with 0.2 percent in Q1 This update indicates in the latest update.

The price index for gross domestic purchases increased 1.8 percent in the later quarter, revised down 0.1 percentage point from the previous estimate. The Bureau of Economic Analysis reported in the latest update.

Excluding food and energy prices, the PCE price index increased 2.5 percent, the same as previously estimated. The release states in the latest update.

Real gross domestic income (GDI) increased 4.8 percent in the later quarter, compared with an increase of 0.2 percent in the earlier quarter. According to the official release in the latest update.

Real GDP increased at an annual rate of 3.3 percent (0.8 percent at a quarterly rate ), an upward revision of 0.3 percentage point from the previous estimate, primarily reflecting upward revisions to investment and consumer spending that were partly offset by a downward revision to government spending and an upward revision to imports. The data show in the latest update.

Verified evidence

Publication data points

Verified numeric data points from this publication
LabelValueUnitPeriod
The personal consumption expenditures (PCE) price index increased 2.0 percent, revised down 0.1 percentage point from the previous estimate.2percent
The average of real GDP and real GDI increased 4.0 percent, in contrast to a decrease of 0.1 percent in the earlier quarter.4percent
In the earlier quarter, real GDP decreased 0.5 percent.0.5percent
1 Percent changes in quarterly seasonally adjusted series are displayed at annual rates, unless otherwise specified.1percent
Real final sales to private domestic purchasers , the sum of consumer spending and gross private fixed investment, increased 1.9 percent in the later quarter, revised up 0.7 percentage point from the previous estimate.1.9percent
The price index for gross domestic purchases increased 1.8 percent in the later quarter, revised down 0.1 percentage point from the previous estimate.1.8percent
Excluding food and energy prices, the PCE price index increased 2.5 percent, the same as previously estimated.2.5percent
Real gross domestic income (GDI) increased 4.8 percent in the later quarter, compared with an increase of 0.2 percent in the earlier quarter.4.8percent
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.

Caveats
  • Evidence boundary: This edition is limited to claims retained from the linked official publication.
Corrections

Correction state: none