United States GDP Decreased -0.3% in 2025 Q1 & GDP Increased +2.4% in 2024 Q4
2nd May 2025 | Hong Kong
United States GDP has decreased -0.3% in 2025 Q1, and GDP increased +2.4% in 2024 Q4. Announcement (30/4/25): “Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March), according to the advance 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. Compared to the fourth quarter, the downturn in real GDP in the first quarter 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.” Profile – The U.S. Bureau of Economic Analysis is your source of accurate and objective data about the nation’s economy. BEA’s economists produce some of the world’s most closely watched statistics, including U.S. gross domestic product, better known as GDP. We do state and local numbers, too, plus foreign trade and investment stats and industry data. Governments of all levels, businesses big and small, and Americans everywhere rely on our numbers. BEA’s work underpins decisions about interest rates and trade policy, taxes and spending, hiring and investing, and more. All from a source that’s nonpartisan, nonpolitical, and neutral on policy. The Bureau of Economic Analysis (BEA) promotes a better understanding of the U.S. economy by providing the most timely, relevant, and accurate economic accounts data in an objective and cost-effective manner.
“ United States GDP Decreased -0.3% in 2025 Q1 & GDP Increased +2.4% in 2024 Q4 “
United States GDP Decreased -0.3% in 2025 Q1 & GDP Increased +2.4% in 2024 Q4
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