Table 2 
Real gross domestic product by expenditure account, quarterly change – Seasonally adjusted at annual rates, chained (2012) dollars 

Real gross domestic product by expenditure account, quarterly change – Seasonally adjusted at annual rates, chained (2012) dollars
  First quarter 2022 Second quarter 2022 Third quarter 2022 Fourth quarter 2022 First quarter 2023 Second quarter 2023 First quarter 2023 Second quarter 2023
  quarter-to-quarter % changequarter-to-quarter % changequarter-to-quarter % changequarter-to-quarter % changequarter-to-quarter % changequarter-to-quarter % change millions of dollarsmillions of dollars
Final consumption expenditure 0.6 1.4 0.4 0.4 0.6 0.2 1,743,976 1,748,253
Household final consumption expenditure 0.5 2.2 0.1 0.3 1.2 0.1 1,245,808 1,246,449
Non-profit institutions serving households' final consumption expenditure 0.9 1.4 0.7 0.4 2.2 1.9 34,984 35,652
General governments final consumption expenditure 0.8 -0.6 1.2 0.6 -0.9 0.6 462,718 465,615
Gross fixed capital formation 1.7 -2.3 -2.2 -1.0 -0.7 0.3 448,400 449,739
Business gross fixed capital formation 1.7 -2.6 -2.4 -1.7 -1.4 0.4 362,870 364,291
Residential structures 1.7 -8.6 -5.0 -2.6 -5.1 -2.1 132,775 129,960
Non-residential structures, machinery and equipment 1.2 3.3 0.2 -1.3 1.4 2.5 192,272 197,043
Intellectual property products 4.0 1.1 -2.5 0.3 1.8 0.6 43,345 43,625
General governments gross fixed capital formation 1.9 -0.5 -1.4 2.6 2.5 -0.2 84,018 83,841
Investment in inventories (millions of dollars) 11,949 40,144 -6,893 -29,056 -8,184 -5,027 16,080 11,053
Exports of goods and services -2.1 2.0 2.7 0.5 2.5 0.1 681,790 682,469
Less: imports of goods and services 0.5 6.6 -0.6 -3.3 0.2 0.5 701,219 704,535
Statistical discrepancy (millions of dollars) 806 327 298 -138 -760 725 530 1,255
Gross domestic product at market prices 0.6 0.9 0.6 -0.0 0.6 -0.0 2,200,064 2,198,984
Final domestic demand 0.8 0.5 -0.2 0.0 0.3 0.3 2,186,441 2,192,068
Source(s):
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