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

Real gross domestic product by expenditure account – Seasonally adjusted at annual rates
Second quarter 2024Third quarter 2024Contributions to percent change in real gross domestic product – Third quarter 2024Contributions to percent change in implicit price indexes – Third quarter 2024Annualized contributions to percent change in real gross domestic product – Third quarter 2024
  millions of chained (2017) dollarsmillions of chained (2017) dollars percentage pointspercentage pointspercentage points
Final consumption expenditure 1,931,073 1,948,849 0.706 0.467 2.831
Household final consumption expenditure 1,359,823 1,371,495 0.460 0.206 1.843
Goods 585,072 591,179 0.241 0.016 0.968
Durable goods 174,014 178,930 0.191 0.022 0.767
Semi-durable goods 103,514 103,935 0.014 -0.005 0.056
Non-durable goods 308,337 309,203 0.036 -0.001 0.145
Services 777,055 782,628 0.218 0.190 0.875
Non-profit institutions serving households' final consumption expenditure 38,092 38,204 0.004 0.008 0.016
General governments final consumption expenditure 532,508 538,462 0.242 0.253 0.972
Gross fixed capital formation 509,326 506,865 -0.109 0.116 -0.441
Business gross fixed capital formation 414,324 410,515 -0.172 0.075 -0.690
Residential structures 151,455 152,594 0.056 0.041 0.225
Non-residential structures, machinery and equipment 209,334 203,136 -0.262 0.010 -1.052
Non-residential structures 126,211 126,272 0.003 0.021 0.012
Machinery and equipment 82,699 76,246 -0.265 -0.012 -1.064
Intellectual property products 60,363 61,231 0.034 0.024 0.137
Non-profit institutions serving households' gross fixed capital formation 3,097 3,130 0.001 0.001 0.004
General governments gross fixed capital formation 92,362 93,829 0.061 0.041 0.245
Investment in inventories 24,869 17,266 -0.322 0.143 -1.293
Exports of goods and services 735,463 733,473 -0.087 -0.071 -0.349
Goods 564,162 564,062 -0.004 -0.097 -0.016
Services 175,560 173,541 -0.083 0.025 -0.333
Less: imports of goods and services 791,275 790,449 -0.034 0.080 -0.137
Goods 625,341 622,321 -0.124 0.035 -0.498
Services 167,108 169,257 0.090 0.044 0.361
Statistical discrepancy 575 1,430 0.035 0.000 0.141
Gross domestic product at market prices 2,413,400 2,419,572 0.256 0.576 1.026
Final domestic demand 2,435,434 2,450,058 0.596 0.583 2.390
Source(s):
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