Table 3
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, annualized | quarter-to-quarter % change, annualized | quarter-to-quarter % change, annualized | quarter-to-quarter % change, annualized | quarter-to-quarter % change, annualized | quarter-to-quarter % change, annualized | millions of dollars | millions 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):
Table 36-10-0104-01.
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