United States GDP Growth Rate

Last Release

Jun 30, 2025

Actual

3.3

Units In

-0.2

Frequency

Quarterly

Next Release

Sep 25, 2025

Time to Release

27 Days 4 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 at an annual rate of 3.3% in Q2 2025, a sharp rebound from the 0.5% contraction in Q1, according to second estimates. The figure was revised slightly higher from the first estimate of 3%, mainly due to upward revisions to investment (5.7% vs 1.9% in the first estimate) and consumer spending (1.6% vs 1.4% in the first estimate) that were partly offset by a downward revision to government spending (-0.2% vs 0.4% in the first estimate) and an upward revision to imports (-29.8% vs -30.3% in the first estimate). Growth was driven by a decrease in imports (-29.8% vs 37.9% in Q1), which are a subtraction in the calculation of GDP, and an increase in consumer spending (1.6% vs 0.5% in Q1). These movements were partly offset by decreases in investment (5.7% vs 10.3% in Q1) and exports (-1.3% vs 0.4% in Q1).