Table 2
Real gross domestic product by expenditure account, quarterly change – Seasonally adjusted at annual rates, chained (2017) dollars
| Second quarter 2023 | Third quarter 2023 | Fourth quarter 2023 | First quarter 2024 | Second quarter 2024 | Third quarter 2024 | Second quarter 2024 | Third quarter 2024 | |
|---|---|---|---|---|---|---|---|---|
| quarter-to-quarter % change | quarter-to-quarter % change | quarter-to-quarter % change | quarter-to-quarter % change | quarter-to-quarter % change | quarter-to-quarter % change | millions of dollars | millions of dollars | |
| Final consumption expenditure | 0.2 | 0.5 | 0.1 | 0.8 | 0.4 | 0.9 | 1,931,073 | 1,948,849 |
| Household final consumption expenditure | 0.2 | 0.2 | 0.3 | 0.8 | 0.2 | 0.9 | 1,359,823 | 1,371,495 |
| Non-profit institutions serving households' final consumption expenditure | 1.1 | 0.2 | 0.5 | 0.8 | 0.3 | 0.3 | 38,092 | 38,204 |
| General governments final consumption expenditure | 0.3 | 1.4 | -0.5 | 0.9 | 0.9 | 1.1 | 532,508 | 538,462 |
| Gross fixed capital formation | 1.4 | -0.7 | -1.3 | -0.2 | 1.0 | -0.5 | 509,326 | 506,865 |
| Business gross fixed capital formation | 1.8 | -1.0 | -1.9 | -0.2 | 0.8 | -0.9 | 414,324 | 410,515 |
| Residential structures | 0.2 | 2.7 | -0.9 | -1.5 | -1.9 | 0.8 | 151,455 | 152,594 |
| Non-residential structures, machinery and equipment | 4.0 | -4.3 | -3.1 | 0.6 | 3.3 | -3.0 | 209,334 | 203,136 |
| Intellectual property products | -1.6 | 0.0 | -1.1 | 1.1 | 0.4 | 1.4 | 60,363 | 61,231 |
| General governments gross fixed capital formation | -0.2 | 0.9 | 1.6 | 0.1 | 2.2 | 1.6 | 92,362 | 93,829 |
| Investment in inventories (millions of dollars) | 3,244 | 776 | -2,183 | -10,011 | 9,821 | -7,603 | 24,869 | 17,266 |
| Exports of goods and services | 0.3 | -0.9 | 2.2 | 0.4 | -1.4 | -0.3 | 735,463 | 733,473 |
| Less: imports of goods and services | 1.7 | 0.3 | 0.5 | -0.4 | -0.2 | -0.1 | 791,275 | 790,449 |
| Statistical discrepancy (millions of dollars) | -757 | -108 | -660 | 1,210 | 44 | 855 | 575 | 1,430 |
| Gross domestic product at market prices | 0.2 | -0.1 | 0.2 | 0.5 | 0.5 | 0.3 | 2,413,400 | 2,419,572 |
| Final domestic demand | 0.5 | 0.3 | -0.2 | 0.6 | 0.6 | 0.6 | 2,435,434 | 2,450,058 |
Source(s):
Table 36-10-0104-01.
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