GDP AND COMPONENTS, seasonally adjusted annual rates
| period | var | value | unit |
|---|---|---|---|
| 2025 Q3 | GDP | 31.1 | $, trillion |
| 2025 Q3 | Consumption | 21.1 | $, trillion |
| 2025 Q3 | Investment | 5.4 | $, trillion |
| 2025 Q3 | Govt spending | 5.3 | $, trillion |
| 2025 Q3 | Imports | 4.1 | $, trillion |
| 2025 Q3 | Exports | 3.4 | $, trillion |
| 2025 Q3 | Net exports | -0.8 | $, trillion |
| 2025 Q3 | Consumption/GDP | 67.9 | % |
| 2025 Q3 | Investment/GDP | 17.4 | % |
| 2025 Q3 | Govt spending/GDP | 17.1 | % |
| 2025 Q3 | Imports/GDP | 13.3 | % |
| 2025 Q3 | Exports/GDP | 10.8 | % |
| 2025 Q3 | Net exports/GDP | -2.4 | % |
CONSUMPTION, seasonally adjusted annual rates
| Nov 2025 | Durable goods | 2.3 | $, trillion |
| Nov 2025 | Nondurable goods | 4.3 | $, trillion |
| Nov 2025 | Services | 14.8 | $, trillion |
INVESTMENT, seasonally adjusted annual rates*
| 2025 Q3 | Structures | 0.9 | $, trillion |
| 2025 Q3 | Equipment | 1.7 | $, trillion |
| 2025 Q3 | Intellectual property | 1.7 | $, trillion |
| 2025 Q3 | Residential | 1.2 | $, trillion |
* Change in inventories is another component of investment, but is
typically small
GOVT SPENDING, seasonally adjusted annual
rates
| 2025 Q3 | Defense | 1.162 | $, trillion |
| 2025 Q3 | Nondefense | 0.828 | $, trillion |
| 2025 Q3 | State and local | 3.335 | $, trillion |
In Nov 2025, as a proportion of PCE: Spending on services was 69%, on nondurables 20%, and on durables 11%
NOTES
Data is from FRED https://fred.stlouisfed.org/
| Series ID | Variable |
|---|---|
| GDP | Nominal GDP |
| GPDI | Investment |
| GCE | Govt expenditure |
| NETEXP | Net exports |
| EXPGS | Exports |
| IMPGS | Imports |
| FPI | Fixed Private Investment |
| PNFI | Private Nonresidential Fixed Investment |
| B009RC1Q027SBEA | Nonresidential: Structures |
| Y033RC1Q027SBEA | Nonresidential: Equipment |
| Y001RC1Q027SBEA | Nonresidential: Intellectual Property Products |
| PRFI | Private Residential Fixed Investment |
| CBI | Change in Private Inventories |
| FDEFX | Federal government: Defense |
| FNDEFX | Federal government: Nondefense |
| SLCE | State and local govt spending |
| Series ID | Variable |
|---|---|
| PCE | Consumption |
| PCEDG | Spending on durable goods |
| PCEND | Spending on nondurable goods |
| PCES | Spending on services |
flex-gdp-components