United States GDP Growth Rate

Last Release

Jun 30, 2025

Actual

Units In

-0.2

Frequency

Quarterly

Next Release

Sep 25, 2025

Time to Release

1 Months 25 Days 2 Hours

Highest	Lowest	Average	Date Range	Source
33.8 Sep 2020	-31.2 Jun 2020	3.14 %	1947-2025	U.S. Bureau of Economic Analysis

On the expenditure side, personal consumption expenditures accounts for 68 percent of total GDP out of which purchases of goods constitute 23 percent and services 45 percent. Private investment accounts for 16 percent of GDP and government consumption and investment for 18 percent. As the value of goods exported (13.5 percent) is lower than the value of goods imported (16.5 percent), net exports subtracts 3 percent from the total GDP value.

Latest Updates

The US economy grew an annualized 3% in Q2 2025, rebounding from a 0.5% contraction in Q1, and beating expectations of a 2.4% rise, according to the advance estimate. The expansion primarily reflected a 30.3% plunge in imports, following a 37.9% surge in Q1, when businesses and consumers rushed to stockpile goods ahead of expected price increases following a series of tariff announcements. Also, consumer spending rose at a faster pace (1.4% vs 0.5% in Q1), led by goods (2.2% vs 0.1%), though it marked the tamest growth in consecutive quarters since the covid pandemic. Government expenditure rebounded (0.4% vs -0.6%). Meanwhile, fixed investment slowed (0.4% vs 7.6%), with contractions in investment for structures (-10.3% vs -2.4%) and residential (-4.6% vs -1.3%) and a slowdown seen for equipment (4.8% vs 23.7%). In addition, exports were down 1.8%, the biggest decline since Q2 2023, compared to a 0.4% rise in Q1. Private inventories cut 3.17 percentage points from the growth.