Real GDP increased 3.5 percent after decreasing 0.7 percent in the second quarter. Consumer spending, inventory investment, exports, and residential investment turned up.
Personal, household, and nonprofit income; BEA and IRS statistics on nonprofits; federal receipts and expenditures and the budget; state and local receipts and expenditures and Census Bureau data; and seasonally unadjusted statistics. All reflect the 2009 comprehensive NIPA revision.
The data and methods used to prepare current-dollar and real estimates of GDP and current-dollar estimates of gross domestic income, reflecting the 2009 comprehensive NIPA revision.
Statistics on the net stock of (1) equipment and software and of business and government structures and (2) consumer durable goods. Both reflect the 2009 comprehensive NIPA revision.
Current-dollar value added of U.S. affiliates increased 1.9 percent, to $628.0 billion, in 2007, the smallest increase since 2001. Employment by affiliates increased for the third consecutive year.
State personal income grew in 37 states in the second quarter of 2009. Statistics for 1969 through the first quarter of 2009 have been revised to incorporate the 2009 comprehensive NIPA revision.