Gross domestic product by industry, February 2025

Real gross domestic product (GDP) was down 0.2% in February, partly offsetting January's 0.4% increase.

After driving growth in January, goods-producing industries (-0.6%) drove the decline in February, as mining, quarrying, and oil and gas extraction and construction contributed the most to the aggregate's decline.

Services-producing industries edged down 0.1% in February as contractions in transportation and warehousing and real estate and rental and leasing were partially offset by a rise in finance and insurance. Overall, 12 of 20 industrial sectors declined in February.

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