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
Third quarter 2022Fourth quarter 2022Contributions to percent change in real gross domestic product – Fourth quarter 2022Contributions to percent change in implicit price indexes – Fourth quarter 2022Annualized contributions to percent change in real gross domestic product – Fourth quarter 2022
  millions of chained (2012) dollarsmillions of chained (2012) dollars percentage pointspercentage pointspercentage points
Final consumption expenditure 1,726,223 1,735,332 0.400 0.773 1.600
Household final consumption expenditure 1,227,135 1,233,374 0.271 0.580 1.084
Goods 548,617 552,742 0.179 0.239 0.716
Durable goods 153,788 159,033 0.226 0.003 0.904
Semi-durable goods 99,116 98,108 -0.038 0.014 -0.152
Non-durable goods 296,279 296,080 -0.009 0.222 -0.036
Services 680,610 682,731 0.092 0.341 0.368
Non-profit institutions serving households' final consumption expenditure 33,812 33,844 0.001 0.001 0.004
General governments final consumption expenditure 464,544 467,362 0.128 0.192 0.512
Gross fixed capital formation 456,630 453,605 -0.152 0.246 -0.612
Business gross fixed capital formation 375,019 369,928 -0.259 0.207 -1.036
Residential structures 143,607 140,338 -0.187 0.025 -0.748
Non-residential structures, machinery and equipment 192,518 189,829 -0.125 0.165 -0.500
Non-residential structures 116,195 119,047 0.136 0.057 0.544
Machinery and equipment 75,904 70,019 -0.261 0.109 -1.044
Intellectual property products 43,082 44,277 0.053 0.017 0.212
Non-profit institutions serving households' gross fixed capital formation 1,970 1,937 -0.002 0.001 -0.008
General governments gross fixed capital formation 79,695 81,976 0.108 0.038 0.432
Investment in inventories 52,072 22,290 -1.402 -0.590 -5.609
Exports of goods and services 660,263 661,654 0.072 -0.417 0.284
Goods 530,764 528,911 -0.098 -0.476 -0.392
Services 129,574 133,325 0.169 0.060 0.676
Less: imports of goods and services 721,505 698,762 -1.102 0.698 -4.405
Goods 585,936 566,036 -0.958 0.495 -3.833
Services 137,831 134,896 -0.143 0.203 -0.572
Statistical discrepancy 1,211 1,016 -0.009 0.000 -0.036
Gross domestic product at market prices 2,185,692 2,185,910 0.010 -0.686 0.032
Final domestic demand 2,178,368 2,183,840 0.248 1.020 0.988
Source(s):
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