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
First quarter 2025Second quarter 2025Contributions to percent change in real gross domestic product – Second quarter 2025Contributions to percent change in implicit price indexes – Second quarter 2025Annualized contributions to percent change in real gross domestic product – Second quarter 2025
  millions of chained (2017) dollarsmillions of chained (2017) dollars percentage pointspercentage pointspercentage points
Final consumption expenditure 1,982,459 2,004,878 0.874 0.177 3.479
Household final consumption expenditure 1,395,671 1,411,059 0.595 0.069 2.366
Goods 606,481 613,439 0.268 -0.245 1.066
Durable goods 184,389 189,009 0.177 0.018 0.704
Semi-durable goods 109,525 110,711 0.039 0.022 0.155
Non-durable goods 314,116 315,410 0.052 -0.284 0.207
Services 791,536 799,993 0.327 0.314 1.300
Non-profit institutions serving households' final consumption expenditure 38,696 38,788 0.004 0.007 0.016
General governments final consumption expenditure 547,464 554,367 0.276 0.101 1.097
Gross fixed capital formation 511,943 511,490 -0.020 0.096 -0.076
Business gross fixed capital formation 413,456 410,942 -0.112 0.093 -0.446
Residential structures 154,162 156,545 0.115 0.011 0.457
Non-residential structures, machinery and equipment 204,671 199,318 -0.224 0.088 -0.891
Non-residential structures 124,585 126,501 0.082 0.126 0.326
Machinery and equipment 79,583 72,098 -0.306 -0.038 -1.217
Intellectual property products 60,971 60,901 -0.003 -0.006 -0.012
Non-profit institutions serving households' gross fixed capital formation 3,085 3,271 0.008 -0.001 0.032
General governments gross fixed capital formation 96,107 98,159 0.085 0.004 0.338
Investment in inventories 7,913 26,898 0.806 0.058 3.205
Exports of goods and services 754,705 698,086 -2.462 -1.079 -9.790
Goods 587,798 533,997 -2.366 -1.094 -9.408
Services 170,542 168,183 -0.096 0.015 -0.382
Less: imports of goods and services 804,141 793,594 -0.434 -0.754 -1.726
Goods 641,150 631,608 -0.389 -0.663 -1.547
Services 164,423 163,357 -0.045 -0.091 -0.179
Statistical discrepancy 1,451 718 -0.030 0.000 -0.119
Gross domestic product at market prices 2,455,138 2,445,368 -0.398 0.007 -1.575
Final domestic demand 2,488,291 2,509,589 0.854 0.273 3.403
Source(s):
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