Table 4 
Real gross domestic product by expenditure account – Seasonally adjusted at annual rates 

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Real gross domestic product by expenditure account – Seasonally adjusted at annual rates
Third quarter 2020Fourth quarter 2020Contributions to percent change in real gross domestic product – Fourth quarter 2020Contributions to percent change in implicit price indexes – Fourth quarter 2020Annualized contributions to percent change in real gross domestic product – Fourth quarter 2020
  millions of chained (2012) dollarsmillions of chained (2012) dollars percentage pointspercentage pointspercentage 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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