Personal income decreased $18.2 billion (0.1 percent at a monthly rate) in February, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)-personal income less personal current taxes-decreased $18.3 billion (0.1 percent), and personal consumption expenditures (PCE) increased $103.2 billion (0.5 percent). Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-increased $106.5 billion in February. Personal saving was $931.5 billion in February, and the personal saving rate-personal saving as a percentage of DPI-was 4.0 percent. Full Text

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 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. At the state level, real GDP ranged from a 3.8 percent increase in North Dakota to a 8.3 percent decrease in the District of Columbia. Full Text