Real GDP rose 2.8 percent after rising 1.8 percent in the third quarter. Inventory investment turned up, and consumer spending and residential investment accelerated. For the year 2011, real GDP rose 1.7 percent after rising 3.0 percent in 2010.
A look at estimation issues regarding corporate profits and income and how these issues might affect the statistical discrepancy, the difference between gross domestic product and gross domestic income.
Upcoming in the Survey...
NIPA Translation of the Federal Budget. A look at federal government estimates that are based on the proposed budget of the U.S. government for 2013.