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

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Real gross domestic product by expenditure account, quarterly change – Seasonally adjusted at annual rates, chained (2017) dollars
  First quarter 2023 Second quarter 2023 Third quarter 2023 Fourth quarter 2023 First quarter 2024 Second quarter 2024 First quarter 2024 Second 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 0.6 0.2 0.4 0.4 0.9 0.5 1,907,290 1,917,137
Household final consumption expenditure 0.7 0.1 0.0 0.8 0.9 0.2 1,347,427 1,349,492
Non-profit institutions serving households' final consumption expenditure -0.9 0.6 1.3 1.2 2.1 0.0 37,616 37,620
General governments final consumption expenditure 0.5 0.2 1.2 -0.6 0.8 1.5 521,617 529,257
Gross fixed capital formation -0.2 0.7 -1.0 -1.4 0.3 0.9 493,215 497,535
Business gross fixed capital formation -1.1 1.2 -1.3 -1.8 0.5 0.5 398,677 400,669
Residential structures -3.8 -1.1 2.4 -0.6 -0.0 -1.9 151,486 148,661
Non-residential structures, machinery and equipment 0.6 3.7 -4.5 -3.6 0.6 2.7 197,115 202,361
Intellectual property products 1.7 -1.4 -0.6 0.5 1.8 0.3 55,479 55,637
General governments gross fixed capital formation 4.3 -1.2 0.5 0.8 -0.4 2.6 92,998 95,448
Investment in inventories (millions of dollars) -12,756 597 3,631 -1,801 -14,121 276 25,393 25,669
Exports of goods and services 3.7 0.8 -0.8 0.8 0.5 -0.4 732,003 728,777
Less: imports of goods and services 0.6 1.4 -0.0 0.2 0.0 -0.1 795,940 794,880
Statistical discrepancy (millions of dollars) 9 455 -350 -854 1,751 782 1,419 2,201
Gross domestic product at market prices 0.8 0.2 -0.1 0.0 0.4 0.5 2,366,367 2,378,917
Final domestic demand 0.4 0.3 0.0 -0.0 0.8 0.6 2,393,965 2,408,265
Source(s):
Table 36-10-0104-01.
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