Gross Domestic Product (GDP): Second (PRELIMINARY) Estimate for Q2, 2025

Earlier this morning, the Commerce Department's Bureau of Economic Analysis (BEA) released its second (preliminary) estimate for U.S. Real Gross Domestic Product (GDP) for the second quarter of 2025:

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Previous quarter: -0.5%

• Actual: +3.3%

The yellow-highlighted percentage represents the second estimate of the quarter-to-quarter change for Real Gross Domestic Product for the entire United States.

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The GDP is a very broad measure of economic activity for the entire United States, covering all sectors of the economy. The Commerce Department defines real GDP as, "the output of goods and services produced by labor and property located in the United States."

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CHART: GDP - Quarter-to-Quarter Change
Q2, 2025 - SECOND ESTIMATE / UPDATE

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CHART: Contributions to Change in Real GDP
Q2, 2025 -  SECOND ESTIMATE / UPDATE

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• Click here to view the full Commerce Department report (PDF).
  
  

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