OpenTheGovernment.Org, a coalition of conservative and liberal nonprofit groups, released a 2005 report (PDF, 12 pages) saying that all branches of the U.S. Federal Government are being significantly more secretive, and spending significantly more money on document secrecy.  In 2004, federal officials classified 15.6 million new documents, which is 81 percent more than in 2001.  Over the same period, the cost of classifying those new documents rose from $4.7 billion to $7.2 billion. These figures do not include documents classified by the CIA, as that agency's information is itself secret.
The report is also critical of the fact that only $48.3 million was spent on declassifying old documents in 2004. They concluded that for every dollar spent on declassification, the federal officials spent $148 creating and storing new secrets, more than in any previous year. It is estimated to cost $460 to classify one document.
The state secrets privilege allows the executive branch to classify federal court hearings and documents. On average, the Bush administration has used this privilege 33 times more per year than cold war administrations (1953-1976), and nearly three times the 1977-2001 average.  The report sees other measures of government secrecy, such as the number of secret patents on the rise as well.
The report does not explore the larger economic impact of the increase in secrecy per se.  However, it observes that taxpayer savings due to whistleblower activity is on the rise despite the elimination of traditional whistleblower protections.
It also notes that 64% of advisory meetings were closed to the public. Such meetings provide lawmakers with advice on scientific and technical matters which are supposed to be free of special interest. Legislation covering such meetings states or assumes that they are open to the public, but some agencies, like the Department of Defense, have traditionally been permitted to hold closed meetings. Once such agencies are excluded, the report finds a threefold increase in closed meetings since 2001.
The report is critical of poor funding for processing Freedom of Information Act (FOIA) requests, with which the majority of federal agencies surveyed can not keep up. There is concern that more of the financial burden for such requests may be being born by those organizations making the requests, instead of the agencies holding the classified documents. FOIA requests increased by 25% between 2003 and 2004, to 4 million, while funding for processing such requests increased by only 5%.  
How much of this secrecy directly relates to various current events, such as the War in Iraq or terrorism, is unclear. In 2004, the Foreign Intelligence Surveillance Court approved 1,754 requests from law enforcement officials last year to conduct surveillance on foreign nationals within the United States, double the number issued four years ago.
The report is also critical of the rise of "sensitive but unclassified" information, as well as new state based secrecy initiatives.
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U.S. classifies record number of documents in 2004