Personal income increased $113.8 billion (0.4 percent at a monthly rate) in January, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)-personal income less personal current taxes-increased $219.9 billion (0.9 percent), and personal consumption expenditures (PCE) increased $81.1 billion (0.4 percent). Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-increased $85.8 billion in January. Personal saving was $1.05 trillion in January, and the personal saving rate-personal saving as a percentage of disposable personal income-was 4.5 percent. Full Text

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 U.S. Bureau of Economic Analysis. In the third quarter, 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. Full Text

The U.S. monthly international trade deficit decreased in January 2026 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $72.9 billion in December (revised) to $54.5 billion in January, as exports increased and imports decreased. The goods deficit decreased $17.5 billion in January to $81.8 billion. The services surplus increased $1.0 billion in January to $27.3 billion. Full Text