Table 2 
Real gross domestic product by expenditure account, quarterly change – Seasonally adjusted at annual rates, chained (2017) dollars 

Real gross domestic product by expenditure account, quarterly change – Seasonally adjusted at annual rates, chained (2017) dollars
  Fourth quarter 2022 First quarter 2023 Second quarter 2023 Third quarter 2023 Fourth quarter 2023 First quarter 2024 Fourth quarter 2023 First quarter 2024
  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 0.0 0.6 0.2 0.4 0.4 0.7 1,890,369 1,903,747
Household final consumption expenditure 0.2 0.7 0.1 0.0 0.8 0.7 1,335,442 1,345,318
Non-profit institutions serving households' final consumption expenditure 0.4 -0.9 0.6 1.3 1.2 2.2 36,844 37,644
General governments final consumption expenditure -0.3 0.5 0.2 1.2 -0.6 0.5 517,447 520,170
Gross fixed capital formation -1.2 -0.2 0.7 -1.0 -1.4 0.7 491,685 495,251
Business gross fixed capital formation -1.9 -1.1 1.2 -1.3 -1.8 0.8 396,786 399,859
Residential structures -2.2 -3.8 -1.1 2.4 -0.6 0.3 151,536 152,042
Non-residential structures, machinery and equipment -1.7 0.6 3.7 -4.5 -3.6 0.9 195,971 197,663
Intellectual property products -1.4 1.7 -1.4 -0.6 0.5 2.0 54,473 55,551
General governments gross fixed capital formation 2.5 4.3 -1.2 0.5 0.8 0.5 93,404 93,889
Investment in inventories (millions of dollars) -22,614 -12,756 597 3,631 -1,801 -9,562 39,514 29,952
Exports of goods and services -0.2 3.7 0.8 -0.8 0.8 0.5 728,388 731,805
Less: imports of goods and services -3.2 0.6 1.4 -0.0 0.2 0.4 795,772 798,668
Statistical discrepancy (millions of dollars) -509 9 455 -350 -854 1,069 -332 737
Gross domestic product at market prices -0.2 0.8 0.2 -0.1 0.0 0.4 2,356,074 2,365,811
Final domestic demand -0.2 0.4 0.3 0.0 -0.0 0.7 2,375,836 2,392,744
Source(s):
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