“Real gross domestic product (GDP) increased at an annual rate of 0.7 percent in the fourth quarter of 2025 (October, November, and December), according to the second estimate released today by the US Bureau of Economic Analysis. In the third quarter, real GDP increased 4.4 percent. The second report for the fourth quarter of 2025, originally scheduled for February 26, 2026, was rescheduled due to the October – November 2025 government shutdown. 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. Real GDP was revised down 0.7 percentage point from the advance estimate, reflecting downward revisions to exports, consumer spending, government spending, and investment. Imports decreased less than previously estimated,” says the revision report from the Commerce Department’s Bureau of Economic Analysis.