Q2 2025 GDP Revised Up to 3.3% in Second Estimate

Washington, DC, August 28, 2025-Real gross domestic product (GDP) increased at an annual rate of 3.3% in Q2 2025 (April, May, and June), according to the second estimate released by the U.S. Bureau of Economic Analysis. 

In the first quarter, real GDP decreased 0.5%.

The increase in real GDP in the second quarter primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP, and an increase in consumer spending. These movements were partly offset by decreases in investment and exports.

Real GDP was revised up 0.3 percentage point from the first estimate, primarily reflecting upward revisions to investment and consumer spending that were partly offset by a downward revision to government spending and an upward revision to imports.