Table 3
Real gross domestic product by expenditure account, annualized change – Seasonally adjusted at annual rates, chained (2012) dollars
| Third quarter 2021 | Fourth quarter 2021 | First quarter 2022 | Second quarter 2022 | Third quarter 2022 | Fourth quarter 2022 | Third quarter 2022 | Fourth quarter 2022 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 14.8 | 1.8 | 2.3 | 5.8 | 1.1 | 2.1 | 1,726,223 | 1,735,332 |
| Household final consumption expenditure | 20.7 | 1.3 | 2.1 | 9.3 | -0.4 | 2.0 | 1,227,135 | 1,233,374 |
| Non-profit institutions serving households' final consumption expenditure | 8.4 | 8.3 | 0.7 | 6.1 | 2.5 | 0.4 | 33,812 | 33,844 |
| General governments final consumption expenditure | 2.2 | 2.8 | 2.9 | -2.3 | 4.8 | 2.4 | 464,544 | 467,362 |
| Gross fixed capital formation | -13.2 | 9.7 | 5.6 | -8.9 | -6.7 | -2.6 | 456,630 | 453,605 |
| Business gross fixed capital formation | -15.8 | 11.0 | 5.0 | -10.1 | -6.8 | -5.3 | 375,019 | 369,928 |
| Residential structures | -31.0 | 11.7 | 7.2 | -30.3 | -18.9 | -8.8 | 143,607 | 140,338 |
| Non-residential structures, machinery and equipment | 3.9 | 14.7 | 3.6 | 12.9 | 3.9 | -5.5 | 192,518 | 189,829 |
| Intellectual property products | -9.6 | -7.2 | 1.1 | 10.0 | 5.1 | 11.6 | 43,082 | 44,277 |
| General governments gross fixed capital formation | 2.0 | 3.8 | 8.6 | -3.0 | -6.2 | 11.9 | 79,695 | 81,976 |
| Investment in inventories (millions of dollars) | -16,339 | 19,800 | 11,301 | 38,171 | -5,520 | -29,782 | 52,072 | 22,290 |
| Exports of goods and services | 3.6 | 16.2 | -7.5 | 6.9 | 10.6 | 0.8 | 660,263 | 661,654 |
| Less: imports of goods and services | -3.0 | 20.4 | 1.3 | 27.5 | -1.8 | -12.0 | 721,505 | 698,762 |
| Statistical discrepancy (millions of dollars) | -1,475 | 683 | 523 | 757 | -66 | -195 | 1,211 | 1,016 |
| Gross domestic product at market prices | 5.8 | 6.9 | 2.4 | 3.6 | 2.3 | 0.0 | 2,185,692 | 2,185,910 |
| Final domestic demand | 7.4 | 3.7 | 3.1 | 2.1 | -0.8 | 1.0 | 2,178,368 | 2,183,840 |
Source(s):
Table 36-10-0104-01.
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