Table 4
Real gross domestic product by expenditure account – Seasonally adjusted at annual rates
Fourth quarter 2022 | First quarter 2023 | Contributions to percent change in real gross domestic product – First quarter 2023 | Contributions to percent change in implicit price indexes – First quarter 2023 | Annualized contributions to percent change in real gross domestic product – First quarter 2023 | |
---|---|---|---|---|---|
millions of chained (2012) dollars | millions of chained (2012) dollars | percentage points | percentage points | percentage points | |
Final consumption expenditure | 1,733,537 | 1,749,485 | 0.708 | 0.416 | 2.865 |
Household final consumption expenditure | 1,231,439 | 1,248,630 | 0.756 | 0.368 | 3.059 |
Goods | 553,056 | 561,353 | 0.364 | 0.048 | 1.473 |
Durable goods | 159,614 | 164,915 | 0.230 | 0.026 | 0.931 |
Semi-durable goods | 98,408 | 102,595 | 0.159 | 0.019 | 0.643 |
Non-durable goods | 295,606 | 295,057 | -0.025 | 0.003 | -0.101 |
Services | 680,451 | 689,374 | 0.392 | 0.320 | 1.586 |
Non-profit institutions serving households' final consumption expenditure | 34,216 | 35,024 | 0.035 | 0.007 | 0.142 |
General governments final consumption expenditure | 467,115 | 465,302 | -0.083 | 0.040 | -0.336 |
Gross fixed capital formation | 451,535 | 450,484 | -0.053 | 0.052 | -0.215 |
Business gross fixed capital formation | 367,854 | 364,318 | -0.182 | 0.063 | -0.733 |
Residential structures | 139,982 | 134,577 | -0.311 | 0.008 | -1.259 |
Non-residential structures, machinery and equipment | 189,622 | 190,538 | 0.043 | 0.027 | 0.174 |
Non-residential structures | 119,581 | 122,108 | 0.121 | 0.001 | 0.490 |
Machinery and equipment | 69,235 | 67,516 | -0.078 | 0.027 | -0.316 |
Intellectual property products | 42,572 | 44,489 | 0.087 | 0.028 | 0.352 |
Non-profit institutions serving households' gross fixed capital formation | 1,936 | 1,940 | 0.000 | 0.000 | 0.000 |
General governments gross fixed capital formation | 82,005 | 84,691 | 0.128 | -0.011 | 0.518 |
Investment in inventories | 24,264 | 12,607 | -0.582 | 0.720 | -2.355 |
Exports of goods and services | 665,426 | 681,562 | 0.816 | -0.887 | 3.302 |
Goods | 531,119 | 547,173 | 0.830 | -0.967 | 3.359 |
Services | 135,049 | 134,738 | -0.014 | 0.080 | -0.057 |
Less: imports of goods and services | 699,941 | 701,580 | 0.081 | 0.051 | 0.324 |
Goods | 566,930 | 565,562 | -0.067 | 0.040 | -0.271 |
Services | 135,198 | 138,160 | 0.147 | 0.011 | 0.595 |
Statistical discrepancy | 1,290 | 642 | -0.030 | 0.000 | -0.121 |
Gross domestic product at market prices | 2,185,910 | 2,202,921 | 0.778 | 0.250 | 3.152 |
Final domestic demand | 2,179,795 | 2,194,090 | 0.655 | 0.468 | 2.650 |
Source(s):
Tables 36-10-0104-01 and 36-10-0106-01.
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