The US economic growth rate in 2025 is 2.2%, the lowest level since 2021.

On February 20, local time, the US Bureau of Economic Analysis reported that the real Gross Domestic Product (GDP) of the United States is expected to increase by 2.2% in 2025, lower than the 2.8% growth in 2024, marking the lowest level since 2021. In terms of prices, the overall Purchasing Price Index is expected to rise by 2.6% in 2025, higher than the 2.4% in 2024. The Personal Consumption Expenditure Price Index is projected to increase by 2.6% for the year, remaining the same as in 2024. The core Personal Consumption Expenditure Price Index, excluding food and energy prices, is estimated to increase by 2.8%, slightly lower than the 2.9% in 2024. Preliminary estimates show that the GDP of the United States in the fourth quarter of 2025 is expected to grow by 1.4% on an annualized basis. Compared to the 4.4% growth in the third quarter, the economic growth rate significantly slowed down in the fourth quarter. The report indicates that the GDP growth in the fourth quarter was mainly driven by increases in consumer spending and investments, although decreases in government spending and exports partially offset the growth.