Real GDP growth picked up, rising 3.1 percent after rising 1.3 percent in the second quarter. Private inventory investment and federal government spending turned up, and residential investment picked up.

Updated statistics, including statistics on inventories for manufacturing by stage of fabrication.

The current-account deficit decreased $10.6 billion to $107.5 billion as a result of a decrease in the deficit on goods. In the financial account, net financial inflows decreased $59.3 billion to $45.8 billion.

An annual supplement to the international accounts presents current-account statistics that combine cross-border trade with net receipts of affiliates of multinational companies.

The bilateral current-account estimates of the United States and Canada are reconciled to show how the estimates would appear if both countries used the same definitions, methodologies, and data sources.

In the third quarter of 2012, state personal income growth slowed in 34 states, picked up in 11 states, and was unchanged in 5 states. In 2011, personal income increased in 3,062 of the 3,113 counties in the United States; growth ranged from 62.2 percent in King County, Texas, to –28.8 percent in Lynn, County, Texas.