Table 3 
Real gross domestic product by expenditure account, annualized change – Seasonally adjusted at annual rates, chained (2012) dollars 

Real gross domestic product by expenditure account, annualized change – Seasonally adjusted at annual rates, chained (2012) dollars
  Fourth quarter 2019 First quarter 2020 Second quarter 2020 Third quarter 2020 Fourth quarter 2020 First quarter 2021 Fourth quarter 2020 First quarter 2021
  quarter-to-quarter % change, annualizedquarter-to-quarter % change, annualizedquarter-to-quarter % change, annualizedquarter-to-quarter % change, annualizedquarter-to-quarter % change, annualizedquarter-to-quarter % change, annualized millions of dollarsmillions of dollars
Final consumption expenditure 2.0 -6.0 -38.0 49.8 2.5 3.4 1,606,821 1,620,397
Household final consumption expenditure 2.0 -7.5 -45.4 63.9 0.9 2.7 1,140,757 1,148,288
Non-profit institutions serving households' final consumption expenditure 2.5 3.4 -40.3 33.6 15.6 -9.2 31,680 30,928
General governments final consumption expenditure 1.9 -2.7 -15.5 22.0 5.7 6.2 433,693 440,315
Gross fixed capital formation -3.6 -2.0 -43.3 66.3 10.6 17.0 445,821 463,686
Business gross fixed capital formation -4.1 -4.2 -48.9 76.9 11.2 20.3 359,128 376,074
Residential structures -2.9 -3.9 -45.8 181.9 16.9 43.3 163,130 178,493
Non-residential structures, machinery and equipment -5.9 -4.6 -54.8 20.4 5.9 -2.7 157,490 156,424
Intellectual property products -0.1 -3.9 -28.1 24.0 6.9 13.9 36,514 37,722
General governments gross fixed capital formation -1.3 9.5 -12.8 29.6 8.2 3.8 84,833 85,628
Investment in inventories (millions of dollars) 36 -8,400 -33,838 -7,075 36,862 -8,176 -287 -8,463
Exports of goods and services -4.2 -12.0 -53.4 72.3 4.1 6.0 622,798 631,947
Less: imports of goods and services -2.9 -8.3 -64.7 117.4 11.6 4.3 628,247 634,951
Statistical discrepancy (millions of dollars) 361 -354 -2,464 -482 218 582 -1,498 -916
Gross domestic product at market prices 0.4 -7.9 -38.0 41.7 9.3 5.6 2,049,436 2,077,771
Final domestic demand 0.7 -5.1 -39.2 53.3 4.3 6.4 2,051,519 2,083,799
Source(s):
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