GDP Monthly Estimate: January 2025

Monthly estimates in this release have been revised to be consistent with the First Estimate of GDP for 2024 Quarter 4, published on 26 February 2025. There are no quarterly revisions to earlier periods in the First Estimate of GDP for 2024 Quarter 4, but the monthly path within each quarter can be revised slightly in all periods back to 2010 due to updated seasonal adjustment factors or constraint adjustments to the quarterly results.

Monthly GDP incorporates the data that are available within two months of a period ending. After publication revised data and more robust data sources become available and are incorporated. As a result, previously published month’s data in monthly GDP will always be prone to revision. The revisions in the December monthly GDP may be seen in Table_R1 in the associated excel tables.