Official Publication Edition · GDP
Source-grounded publication
growth update
A deterministic draft grounded in the retained evidence bundle.
Source
Gross Domestic Product, 2nd Quarter 2025 (Third Estimate), GDP by Industry, Corporate Profits (Revised), and Annual Update
Sections
Publication sections
Key points
Excluding food and energy prices, the PCE price index increased 2.6 percent, also revised up 0.1 percentage point. Real final sales to private domestic purchasers , the sum of consumer spending and gross private fixed investment, increased 2.9 percent in the later quarter, revised up 1.0 percentage point from the previous estimate. The Bureau of Economic Analysis reported in the latest update.
The personal consumption expenditures (PCE) price index increased 2.1 percent, revised up 0.1 percentage point. The release states in the latest update.
The average of real GDP and real GDI over the same period was 2.4 percent, 0.1 percentage point higher than previously published. According to the official release in the latest update.
In the earlier quarter, real GDP decreased 0.6 percent (revised). The data show in the latest update.
Real gross domestic income (GDI) increased 3.8 percent in the later quarter, revised down 1.0 percentage point from the previous estimate. This update indicates in the latest update.
The updated estimates show that real GDP increased at an average annual rate of 2.4 percent from 2019 to 2024, the same as previously published. The Bureau of Economic Analysis reported in the latest update.
Over the same period, real GDI increased at an average annual rate of 2.3 percent, also the same as previously published. The release states in the latest update.
From an industry perspective, the increase in real GDP reflected increases of 10.2 percent in real value added for private goods-producing industries and 3.5 percent for private services-producing industries that were partly offset by a decrease of 3.2 percent in real value added for government. According to the official release in the latest update.
The average of real GDP and real GDI increased 3.8 percent, revised down 0.2 percentage point. The data show in the latest update.
The price index for gross domestic purchases increased 2.0 percent in the later quarter, revised up 0.2 percentage point from the previous estimate. This update indicates in the latest update.
Real gross output increased 1.2 percent in the later quarter, reflecting increases of 0.6 percent for private goods-producing industries and 1.7 percent for private services-producing industries that were partly offset by a decrease of 0.7 percent for government. The Bureau of Economic Analysis reported in the latest update.
Verified evidence
Publication data points
| Label | Value | Unit | Period |
|---|---|---|---|
| Excluding food and energy prices, the PCE price index increased 2.6 percent, also revised up 0.1 percentage point. | 2.6 | percent | — |
| Real final sales to private domestic purchasers , the sum of consumer spending and gross private fixed investment, increased 2.9 percent in the later quarter, revised up 1.0 percentage point from the previous estimate. | 2.9 | percent | — |
| The personal consumption expenditures (PCE) price index increased 2.1 percent, revised up 0.1 percentage point. | 2.1 | percent | — |
| The average of real GDP and real GDI over the same period was 2.4 percent, 0.1 percentage point higher than previously published. | 2.4 | percent | — |
| In the earlier quarter, real GDP decreased 0.6 percent (revised). | 0.6 | percent | — |
| Real gross domestic income (GDI) increased 3.8 percent in the later quarter, revised down 1.0 percentage point from the previous estimate. | 3.8 | percent | — |
| The updated estimates show that real GDP increased at an average annual rate of 2.4 percent from 2019 to 2024, the same as previously published. | 2.4 | percent | — |
| Over the same period, real GDI increased at an average annual rate of 2.3 percent, also the same as previously published. | 2.3 | 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.
Caveats
- Evidence boundary: This edition is limited to claims retained from the linked official publication.
Corrections
Correction state: none