Table 3
Real gross domestic product by expenditure account, annualized change – Seasonally adjusted at annual rates, chained (2017) dollars
| Third quarter 2022 | Fourth quarter 2022 | First quarter 2023 | Second quarter 2023 | Third quarter 2023 | Fourth quarter 2023 | Third quarter 2023 | Fourth quarter 2023 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1.9 | 0.2 | 3.1 | -0.3 | 2.3 | 0.2 | 1,884,527 | 1,885,534 |
| Household final consumption expenditure | 0.5 | 0.7 | 4.1 | -0.7 | 0.5 | 1.0 | 1,325,966 | 1,329,212 |
| Non-profit institutions serving households' final consumption expenditure | 2.5 | 1.6 | -2.4 | 2.7 | 5.0 | 3.4 | 36,524 | 36,832 |
| General governments final consumption expenditure | 5.3 | -1.3 | 1.0 | 0.4 | 6.7 | -1.9 | 521,261 | 518,777 |
| Gross fixed capital formation | -9.0 | -4.6 | -0.8 | 2.7 | -4.1 | -3.8 | 497,999 | 493,166 |
| Business gross fixed capital formation | -10.1 | -7.3 | -4.4 | 4.3 | -5.4 | -5.3 | 403,477 | 398,027 |
| Residential structures | -21.6 | -8.6 | -14.0 | -3.5 | 8.7 | -1.7 | 152,333 | 151,699 |
| Non-residential structures, machinery and equipment | -0.6 | -6.5 | 1.8 | 15.0 | -16.3 | -9.5 | 202,958 | 197,944 |
| Intellectual property products | 2.2 | -5.6 | 7.9 | -8.9 | -3.7 | -0.6 | 53,657 | 53,575 |
| General governments gross fixed capital formation | -3.5 | 10.5 | 18.8 | -4.6 | 2.4 | 3.2 | 92,845 | 93,581 |
| Investment in inventories (millions of dollars) | 6,615 | -22,614 | -15,270 | 943 | -2,210 | -1,281 | 33,306 | 32,025 |
| Exports of goods and services | 5.4 | -0.7 | 14.1 | 4.3 | -1.3 | 5.6 | 726,023 | 735,957 |
| Less: imports of goods and services | 1.1 | -12.1 | 3.7 | 4.6 | 1.1 | -1.7 | 797,414 | 794,014 |
| Statistical discrepancy (millions of dollars) | 439 | -509 | 791 | 113 | -426 | -1,240 | 886 | -354 |
| Gross domestic product at market prices | 1.8 | -0.9 | 2.6 | 0.6 | -0.5 | 1.0 | 2,349,328 | 2,355,149 |
| Final domestic demand | -0.8 | -1.0 | 2.2 | 0.4 | 0.8 | -0.7 | 2,377,062 | 2,372,751 |
Source(s):
Table 36-10-0104-01.
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