Table 4 
Real gross domestic product by expenditure account – Seasonally adjusted at annual rates 

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Real gross domestic product by expenditure account – Seasonally adjusted at annual rates
First quarter 2024Second quarter 2024Contributions to percent change in real gross domestic product – Second quarter 2024Contributions to percent change in implicit price indexes – Second quarter 2024Annualized contributions to percent change in real gross domestic product – Second quarter 2024
  millions of chained (2017) dollarsmillions of chained (2017) dollars percentage pointspercentage pointspercentage points
Final consumption expenditure 1,907,290 1,917,137 0.399 0.844 1.609
Household final consumption expenditure 1,347,427 1,349,492 0.083 0.550 0.335
Goods 577,342 575,944 -0.057 0.125 -0.229
Durable goods 171,998 168,485 -0.140 0.006 -0.564
Semi-durable goods 102,565 103,137 0.020 0.009 0.081
Non-durable goods 303,726 305,210 0.063 0.110 0.254
Services 772,645 776,150 0.140 0.426 0.564
Non-profit institutions serving households' final consumption expenditure 37,616 37,620 0.000 0.013 0.000
General governments final consumption expenditure 521,617 529,257 0.316 0.281 1.274
Gross fixed capital formation 493,215 497,535 0.197 0.275 0.793
Business gross fixed capital formation 398,677 400,669 0.092 0.245 0.370
Residential structures 151,486 148,661 -0.142 0.033 -0.573
Non-residential structures, machinery and equipment 197,115 202,361 0.228 0.185 0.919
Non-residential structures 124,340 124,944 0.027 0.139 0.109
Machinery and equipment 72,039 76,742 0.201 0.046 0.810
Intellectual property products 55,479 55,637 0.006 0.027 0.024
Non-profit institutions serving households' gross fixed capital formation 2,365 2,390 0.001 0.000 0.004
General governments gross fixed capital formation 92,998 95,448 0.104 0.030 0.419
Investment in inventories 25,393 25,669 0.002 0.102 0.008
Exports of goods and services 732,003 728,777 -0.145 0.473 -0.585
Goods 571,779 568,616 -0.144 0.368 -0.581
Services 163,000 162,982 -0.001 0.105 -0.004
Less: imports of goods and services 795,940 794,880 -0.045 0.514 -0.181
Goods 622,266 624,443 0.091 0.424 0.367
Services 175,015 171,801 -0.136 0.090 -0.548
Statistical discrepancy 1,419 2,201 0.033 0.001 0.133
Gross domestic product at market prices 2,366,367 2,378,917 0.530 1.182 2.139
Final domestic demand 2,393,965 2,408,265 0.596 1.120 2.402
Source(s):
Tables 36-10-0104-01 and 36-10-0106-01.
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