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
Fourth quarter 2024First quarter 2025Contributions to percent change in real gross domestic product – First quarter 2025Contributions to percent change in implicit price indexes – First quarter 2025Annualized contributions to percent change in real gross domestic product – First quarter 2025
  millions of chained (2017) dollarsmillions of chained (2017) dollars percentage pointspercentage pointspercentage points
Final consumption expenditure 1,981,053 1,984,961 0.153 0.707 0.621
Household final consumption expenditure 1,393,874 1,398,043 0.162 0.393 0.654
Goods 603,091 606,478 0.131 0.215 0.533
Durable goods 187,224 184,556 -0.102 0.077 -0.411
Semi-durable goods 106,240 109,495 0.107 0.014 0.432
Non-durable goods 310,890 313,986 0.127 0.123 0.512
Services 793,133 793,919 0.030 0.178 0.121
Non-profit institutions serving households' final consumption expenditure 38,468 38,692 0.009 0.008 0.036
General governments final consumption expenditure 548,051 547,614 -0.017 0.306 -0.069
Gross fixed capital formation 518,483 514,538 -0.174 0.231 -0.697
Business gross fixed capital formation 418,674 415,418 -0.145 0.199 -0.584
Residential structures 159,271 154,720 -0.221 0.074 -0.891
Non-residential structures, machinery and equipment 204,104 206,136 0.085 0.116 0.343
Non-residential structures 125,843 123,886 -0.083 0.038 -0.335
Machinery and equipment 77,698 81,814 0.168 0.077 0.678
Intellectual property products 61,187 60,958 -0.009 0.009 -0.036
Non-profit institutions serving households' gross fixed capital formation 3,035 3,127 0.004 0.001 0.016
General governments gross fixed capital formation 97,493 96,713 -0.032 0.031 -0.129
Investment in inventories -6,002 2,698 0.344 -0.093 1.387
Exports of goods and services 744,109 756,225 0.535 0.790 2.158
Goods 578,970 592,443 0.604 0.742 2.436
Services 168,776 167,089 -0.069 0.048 -0.278
Less: imports of goods and services 797,086 805,702 0.358 0.990 1.444
Goods 631,601 645,289 0.564 0.799 2.275
Services 166,781 161,930 -0.206 0.191 -0.831
Statistical discrepancy 629 1,814 0.048 0.000 0.194
Gross domestic product at market prices 2,442,817 2,456,239 0.549 0.646 2.219
Final domestic demand 2,494,078 2,493,566 -0.021 0.938 -0.076
Source(s):
Tables 36-10-0104-01 and 36-10-0106-01.
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