Survey of Current Business : Volume 92 Number 11: November 2012

December 2012

Bureau of Economic Analysis

Volume 92 Number 12

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Taking Account (PDF)

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GDP and the Economy: Second Estimates for the Third Quarter of 2012 (PDF)

Real GDP growth picked up, rising 2.7 percent after rising 1.3 percent in the second quarter. Private inventory investment and federal government spending turned up, and residential investment picked up.

Government Receipts and Expenditures for the Third Quarter of 2012 (PDF)

Net government saving increased $26.4 billion to –$1,212.6 billion. Net federal government saving increased $41.9 billion to –$1,073.5 billion. Net state and local government saving decreased $15.4 billion to –$139.1 billion.

Annual Industry Accounts: Revised Statistics for 2009–2011 (PDF)

Real GDP by industry slowed in 2011, increasing 1.8 percent after increasing 2.4 percent in 2010. In 2011, 12 of the 22 major industry groups contributed to the slowdown.