The business situation

Estimates for the 3rd qtr 1992 show the highest growth in real gross domestic product (GDP) since 4th qtr 1988. The GDP rose 3.9%, and real gross domestic purchases increased 4.3% in the quarter. Personal consumption expenditures, which grew 3.7%, accounted for nearly three-quarters of the increase....

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Bibliographic Details
Published inSurvey of current business Vol. 72; no. 11; pp. 1 - 9
Main Authors Larkins, Daniel, Moran, Larry R, Morris, Ralph W
Format Journal Article
LanguageEnglish
Published Washington U.S. Government Printing Office 01.11.1992
Superintendent of Documents
Subjects
Aircraft
Budget deficits
Business conditions
Consumption
Corporate profits
Economic conditions
Economic indicators
Economic statistics
Expenditures
Expenditures, Public
GDP
Gross Domestic Product
Housing starts
Hurricanes
International trade
Inventory
Manufacturing
National income and product accounts
NIPA
Nondurable goods
Profit
Profits
Public expenditures
Public sector
Retailing industry
Revisions
Statistical data
Statistics
United States economic conditions
United States > US
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Summary:Estimates for the 3rd qtr 1992 show the highest growth in real gross domestic product (GDP) since 4th qtr 1988. The GDP rose 3.9%, and real gross domestic purchases increased 4.3% in the quarter. Personal consumption expenditures, which grew 3.7%, accounted for nearly three-quarters of the increase. Current production profits decreased $18 billion in 3rd qtr 1992, in contrast to a $4.4 billion increase in the second quarter. Federal government receipts increased $5.7 billion in the third quarter, while expenditures increased $4.6 billion. The deficit was $301.9 billion.
ISSN:0039-6222
1937-4534