Table 1.1.1. Percent Change From Preceding Period in Real Gross Domestic Product

Quarterly

		Percent Change from Preceding Period
Line	Name	Q2 2025	Q1 2025	Q2 2024
line 1	Gross domestic product	3.8	-0.6	3.6
line 2	Personal consumption expenditures	2.5	0.6	3.9
line 3	Goods	2.2	0.2	5.5
line 4	Durable goods	2.3	-3.4	7.8
line 5	Nondurable goods	2.2	2.2	4.3
line 6	Services	2.6	0.8	3.2
line 7	Gross private domestic investment	-13.8	23.3	8.2
line 8	Fixed investment	4.4	7.1	1.4
line 9	Nonresidential	7.3	9.5	2.5
line 10	Structures	-7.5	-3.1	-3.9
line 11	Equipment	8.5	21.4	8.9
line 12	Intellectual property products	15.0	6.5	0.7
line 13	Residential	-5.1	-1.0	-2.0
line 14	Change in private inventories
line 15	Net exports of goods and services
line 16	Exports	-1.8	0.2	0.7
line 17	Goods	-4.7	6.3	0.4
line 18	Services	3.5	-9.7	1.2
line 19	Imports	-29.3	38.0	8.4
line 20	Goods	-35.0	52.0	9.0
line 21	Services	-1.2	-5.8	5.9
line 22	Government consumption expenditures and gross investment	-0.1	-1.0	3.3
line 23	Federal	-5.3	-5.6	4.3
line 24	National defense	0.9	-6.9	6.9
line 25	Nondefense	-13.0	-3.8	0.9
line 26	State and local	3.1	1.9	2.8
	Addendum:
line 27	Gross domestic product, current dollars	6.0	2.9	6.3