Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

mahatmakanejeeves

(64,816 posts)
Thu May 29, 2025, 08:33 AM Thursday

Real gross domestic product (GDP) decreased at an annual rate of 0.2 percent in the first quarter of 2025

Source: Bureau of Economic Analysis

May 29, 2025
Gross Domestic Product (Second Estimate), Corporate Profits (Preliminary Estimate), 1st Quarter 2025

Real gross domestic product (GDP) decreased at an annual rate of 0.2 percent in the first quarter of 2025 (January, February, and March), according to the second estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent. The decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment, consumer spending, and exports.



Read more: https://www.bea.gov/news/2025/gross-domestic-product-second-estimate-corporate-profits-preliminary-estimate-1st-quarter



I'm not sure why the BEA goes into a discussion of the PCE. I thought that information was scheduled to be released tomorrow.

https://www.democraticunderground.com/1116100555
________

The advance estimate of the GDP was released on April 30.

April 30
8:30 AM
News
Gross Domestic Product, 1st Quarter 2025 (Advance Estimate)
April 30
10:00 AM
News
Personal Income and Outlays, March 2025
-________

EMBARGOED UNTIL RELEASE AT 8:30 a.m. EDT, Thursday, May 29, 2025
BEA 25--18
Gross Domestic Product (Second Estimate), Corporate Profits (Preliminary Estimate), 1st Quarter 2025

Real gross domestic product (GDP) decreased at an annual rate of 0.2 percent in the first quarter of 2025 (January, February, and March), according to the second estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent.

Real GDP: Percent change from preceding quarter
The decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment, consumer spending, and exports.

Real GDP was revised up 0.1 percentage point from the advance estimate, reflecting an upward revision to investment that was partly offset by a downward revision to consumer spending. For more information, refer to the "Technical Notes" below.

Contributions to Percent Change in Real GDP, 1st Quarter 2025
Compared to the fourth quarter, the downturn in real GDP in the first quarter primarily reflected an upturn in imports, a deceleration in consumer spending, and a downturn in government spending that were partly offset by upturns in investment and exports.

Real final sales to private domestic purchasers, the sum of consumer spending and gross private fixed investment, increased 2.5 percent in the first quarter, revised down 0.5 percentage point from the previous estimate.

The price index for gross domestic purchases increased 3.3 percent in the first quarter, revised down 0.1 percentage point from the previous estimate. The personal consumption expenditures (PCE) price index increased 3.6 percent, the same as previously estimated. Excluding food and energy prices, the PCE price index increased 3.4 percent, revised down 0.1 percentage point from the previous estimate.

Quarter-to-Quarter Change in Prices
Real gross domestic income (GDI) decreased 0.2 percent in the first quarter, in contrast to an increase of 5.2 percent in the fourth quarter.

Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) decreased $118.1 billion in the first quarter, in contrast to an increase of $204.7 billion in the fourth quarter.

{snip stuff}

Next release:
June 26, 2025, at 8:30 a.m. EDT
Gross Domestic Product (Third Estimate)
Corporate Profits (Revised Estimate)
Gross Domestic Product by Industry
1st Quarter 2025

{snip more stuff}
4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Real gross domestic product (GDP) decreased at an annual rate of 0.2 percent in the first quarter of 2025 (Original Post) mahatmakanejeeves Thursday OP
Not one of my financial news apps BumRushDaShow Thursday #1
Oh my Prairie Gates Thursday #2
Gee, wonder what happened between the 4th quarter of 2024 (plus 2.4%) and last quarter (minus .2%)? Midnight Writer Thursday #3
'why the BEA goes into a discussion of the PCE' -- this one is for Q1 (Jan-Feb-Mar) progree Thursday #4

BumRushDaShow

(153,696 posts)
1. Not one of my financial news apps
Thu May 29, 2025, 08:50 AM
Thursday

CNBC, Bloomberg, MarketWatch, Yahoo! Finance (a recent one that blaps breakings all day and night) or Barrons, had a peep about this.

And good morning!

Midnight Writer

(24,085 posts)
3. Gee, wonder what happened between the 4th quarter of 2024 (plus 2.4%) and last quarter (minus .2%)?
Thu May 29, 2025, 11:52 AM
Thursday

Must have been catastrophic.

progree

(11,957 posts)
4. 'why the BEA goes into a discussion of the PCE' -- this one is for Q1 (Jan-Feb-Mar)
Thu May 29, 2025, 05:21 PM
Thursday

Last edited Thu May 29, 2025, 08:55 PM - Edit history (1)

while the one to be released tomorrow, Friday, is for April,

ETA- and they keep revising the prior few months. Every time I do the monthly update, I find the prior 4 months revised, sigh.

Latest Discussions»Latest Breaking News»Real gross domestic produ...