Table 4
Real gross domestic product by expenditure account – Seasonally adjusted at annual rates
Third quarter 2020 | Fourth quarter 2020 | Contributions to percent change in real gross domestic product – Fourth quarter 2020 | Contributions to percent change in implicit price indexes – Fourth quarter 2020 | Annualized contributions to percent change in real gross domestic product – Fourth quarter 2020 | |
---|---|---|---|---|---|
millions of chained (2012) dollars | millions of chained (2012) dollars | percentage points | percentage points | percentage points | |
Final consumption expenditure | 1,588,439 | 1,595,217 | 0.342 | 0.277 | 1.416 |
Household final consumption expenditure | 1,137,117 | 1,135,859 | -0.062 | 0.275 | -0.257 |
Goods | 558,699 | 556,135 | -0.123 | 0.163 | -0.510 |
Durable goods | 169,796 | 169,514 | -0.014 | 0.056 | -0.058 |
Semi-durable goods | 90,207 | 85,927 | -0.196 | 0.013 | -0.812 |
Non-durable goods | 298,206 | 300,022 | 0.087 | 0.093 | 0.360 |
Services | 581,474 | 582,666 | 0.061 | 0.112 | 0.253 |
Non-profit institutions serving households' final consumption expenditure | 29,840 | 31,188 | 0.069 | 0.010 | 0.286 |
General governments final consumption expenditure | 421,401 | 427,753 | 0.335 | -0.008 | 1.387 |
Gross fixed capital formation | 436,880 | 447,012 | 0.541 | 0.217 | 2.239 |
Business gross fixed capital formation | 351,027 | 359,992 | 0.484 | 0.194 | 1.999 |
Residential structures | 156,314 | 163,068 | 0.391 | 0.164 | 1.619 |
Non-residential structures, machinery and equipment | 157,280 | 158,899 | 0.083 | -0.004 | 0.339 |
Non-residential structures | 98,817 | 96,193 | -0.132 | 0.010 | -0.547 |
Machinery and equipment | 58,095 | 62,163 | 0.214 | -0.015 | 0.886 |
Intellectual property products | 35,831 | 36,017 | 0.010 | 0.035 | 0.041 |
Non-profit institutions serving households' gross fixed capital formation | 2,013 | 1,985 | -0.001 | 0.001 | -0.004 |
General governments gross fixed capital formation | 83,974 | 85,131 | 0.059 | 0.022 | 0.244 |
Investment in inventories | -36,808 | 1,721 | 1.750 | 0.042 | 7.248 |
Exports of goods and services | 617,230 | 624,807 | 0.362 | 0.399 | 1.495 |
Goods | 518,047 | 523,179 | 0.243 | 0.373 | 1.006 |
Services | 99,300 | 101,701 | 0.118 | 0.026 | 0.489 |
Less: imports of goods and services | 611,263 | 627,163 | 0.805 | -0.115 | 3.338 |
Goods | 528,193 | 540,759 | 0.622 | -0.056 | 2.576 |
Services | 87,339 | 90,661 | 0.184 | -0.059 | 0.762 |
Statistical discrepancy | -1,236 | 1,458 | 0.135 | 0.000 | 0.559 |
Gross domestic product at market prices | 1,999,452 | 2,045,925 | 2.324 | 1.050 | 9.619 |
Final domestic demand | 2,023,946 | 2,041,230 | 0.883 | 0.494 | 3.655 |
Source(s):
Tables 36-10-0104-01 and 36-10-0106-01.
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