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

Real gross domestic product by expenditure account – Seasonally adjusted at annual rates
First quarter 2022Second quarter 2022Contributions to percent change in real gross domestic product – Second quarter 2022Contributions to percent change in implicit price indexes – Second quarter 2022Annualized contributions to percent change in real gross domestic product – Second quarter 2022
  millions of chained (2012) dollarsmillions of chained (2012) dollars percentage pointspercentage pointspercentage points
Final consumption expenditure 1,691,296 1,719,628 1.242 1.046 5.023
Household final consumption expenditure 1,202,834 1,230,930 1.213 1.007 4.906
Goods 559,212 562,512 0.143 0.658 0.574
Durable goods 161,871 156,778 -0.221 0.106 -0.895
Semi-durable goods 98,944 104,505 0.211 0.027 0.854
Non-durable goods 298,862 302,257 0.152 0.525 0.615
Services 645,593 670,491 1.070 0.350 4.332
Non-profit institutions serving households' final consumption expenditure 31,936 32,572 0.028 0.012 0.113
General governments final consumption expenditure 455,892 455,909 0.001 0.027 0.004
Gross fixed capital formation 469,549 458,659 -0.546 0.363 -2.211
Business gross fixed capital formation 383,999 374,875 -0.464 0.238 -1.879
Residential structures 166,558 153,637 -0.746 0.060 -3.020
Non-residential structures, machinery and equipment 179,370 185,300 0.272 0.159 1.105
Non-residential structures 112,288 115,283 0.144 0.120 0.583
Machinery and equipment 66,448 69,445 0.129 0.039 0.522
Intellectual property products 37,728 37,940 0.009 0.019 0.036
Non-profit institutions serving households' gross fixed capital formation 1,749 1,706 -0.002 0.002 -0.008
General governments gross fixed capital formation 83,914 82,209 -0.080 0.124 -0.324
Investment in inventories 14,693 46,165 1.450 0.250 5.871
Exports of goods and services 622,801 639,140 0.864 2.845 3.498
Goods 506,986 519,961 0.710 2.692 2.875
Services 116,197 119,653 0.154 0.154 0.623
Less: imports of goods and services 664,308 710,042 2.150 1.140 8.701
Goods 550,246 587,444 1.743 1.019 7.057
Services 116,933 125,673 0.406 0.121 1.644
Statistical discrepancy 92 -1,038 -0.053 -0.001 -0.215
Gross domestic product at market prices 2,140,962 2,158,242 0.807 3.363 3.265
Final domestic demand 2,159,029 2,174,412 0.696 1.409 2.812
Source(s):
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