GDP (Third Estimate), 4th Quarter and Year 2025 – Real gross domestic product (GDP) increased at an annual rate of 0.5 percent in the fourth quarter of 2025 (October, November, and December), according to the third estimate released today by the U.S. Bureau of Economic Analysis. In the third quarter of 2025, real GDP increased 4.4 percent. The third report for the fourth quarter of 2025, originally scheduled for March 27, 2026, was rescheduled due to the October–November 2025 government shutdown. Real GDP was revised down 0.2 percentage point from the second estimate, primarily reflecting a downward revision to investment. For more information, refer to the “Technical Notes” below. 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.
Gross Domestic Product – 4th quarter (Third Estimate) (04-13-26)
- Economic Monthly Summaries, Gross Domestic Product
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