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
Fourth quarter 2021First quarter 2022Contributions to percent change in real gross domestic product – First quarter 2022Contributions to percent change in implicit price indexes – First quarter 2022Annualized contributions to percent change in real gross domestic product – First quarter 2022
  millions of chained (2012) dollarsmillions of chained (2012) dollars percentage pointspercentage pointspercentage points
Final consumption expenditure 1,680,734 1,692,654 0.534 1.439 2.160
Household final consumption expenditure 1,195,185 1,205,133 0.438 0.810 1.772
Goods 553,989 559,195 0.228 0.539 0.922
Durable goods 158,478 162,591 0.182 0.104 0.736
Semi-durable goods 98,757 97,997 -0.030 0.033 -0.121
Non-durable goods 297,283 298,961 0.076 0.402 0.307
Services 643,142 647,905 0.210 0.271 0.850
Non-profit institutions serving households' final consumption expenditure 31,800 31,836 0.002 0.025 0.008
General governments final consumption expenditure 453,114 455,125 0.094 0.604 0.380
Gross fixed capital formation 462,135 474,338 0.623 0.531 2.521
Business gross fixed capital formation 377,438 388,613 0.579 0.458 2.343
Residential structures 163,649 170,612 0.409 0.367 1.655
Non-residential structures, machinery and equipment 175,544 179,387 0.180 0.071 0.728
Non-residential structures 108,988 112,120 0.153 0.067 0.619
Machinery and equipment 66,032 66,652 0.027 0.004 0.109
Intellectual property products 37,952 37,731 -0.010 0.019 -0.040
Non-profit institutions serving households' gross fixed capital formation 1,852 1,763 -0.004 0.002 -0.016
General governments gross fixed capital formation 82,998 84,013 0.048 0.071 0.194
Investment in inventories 5,259 7,664 0.162 -0.396 0.655
Exports of goods and services 637,600 622,005 -0.793 2.206 -3.208
Goods 519,559 505,510 -0.733 2.134 -2.965
Services 118,345 117,007 -0.060 0.072 -0.243
Less: imports of goods and services 666,689 661,907 -0.226 0.852 -0.914
Goods 552,430 547,206 -0.246 0.691 -0.995
Services 117,140 117,555 0.020 0.161 0.081
Statistical discrepancy -1,176 -1,108 0.003 -0.001 0.012
Gross domestic product at market prices 2,124,709 2,140,751 0.755 2.926 3.054
Final domestic demand 2,140,589 2,165,640 1.157 1.969 4.681
Source(s):
Tables 36-10-0104-01 and 36-10-0106-01.
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