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 2024 Second quarter 2024 Third quarter 2024 Fourth quarter 2024 First quarter 2025 Second quarter 2025 First quarter 2025 Second quarter 2025
  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 1.0 0.7 1.1 1.0 0.1 1.1 1,982,459 2,004,878
Household final consumption expenditure 0.8 0.4 1.1 1.2 0.1 1.1 1,395,671 1,411,059
Non-profit institutions serving households' final consumption expenditure 0.4 0.4 0.8 0.5 0.6 0.2 38,696 38,788
General governments final consumption expenditure 1.4 1.4 1.3 0.6 -0.1 1.3 547,464 554,367
Gross fixed capital formation 0.1 0.8 -0.5 2.2 -1.3 -0.1 511,943 511,490
Business gross fixed capital formation -0.5 0.6 -0.7 2.3 -1.2 -0.6 413,456 410,942
Residential structures -1.1 -2.4 1.3 4.0 -3.2 1.5 154,162 156,545
Non-residential structures, machinery and equipment -0.1 3.6 -3.1 1.1 0.3 -2.6 204,671 199,318
Intellectual property products 0.1 0.1 1.6 1.0 -0.4 -0.1 60,971 60,901
General governments gross fixed capital formation 3.4 1.7 1.0 1.8 -1.4 2.1 96,107 98,159
Investment in inventories (millions of dollars) -7,230 7,448 -5,244 -26,035 13,915 18,985 7,913 26,898
Exports of goods and services -0.2 -1.2 -0.2 1.7 1.4 -7.5 754,705 698,086
Less: imports of goods and services -0.3 0.0 -0.2 0.6 0.9 -1.3 804,141 793,594
Statistical discrepancy (millions of dollars) 941 861 -306 -188 822 -733 1,451 718
Gross domestic product at market prices 0.5 0.6 0.6 0.5 0.5 -0.4 2,455,138 2,445,368
Final domestic demand 0.8 0.7 0.8 1.3 -0.2 0.9 2,488,291 2,509,589
Source(s):
Table 36-10-0104-01.
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