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
Third quarter 2025Fourth quarter 2025Contributions to percent change in real gross domestic product – Fourth quarter 2025Contributions to percent change in implicit price indexes – Fourth quarter 2025Annualized contributions to percent change in real gross domestic product – Fourth quarter 2025
  millions of chained (2017) dollarsmillions of chained (2017) dollars percentage pointspercentage pointspercentage points
Final consumption expenditure 2,017,422 2,027,847 0.401 0.664 1.599
Household final consumption expenditure 1,425,267 1,431,258 0.228 0.446 0.909
Goods 611,392 610,021 -0.051 0.071 -0.204
Durable goods 185,096 183,768 -0.049 -0.010 -0.196
Semi-durable goods 112,815 113,287 0.015 -0.015 0.060
Non-durable goods 315,376 314,947 -0.017 0.096 -0.068
Services 816,553 823,842 0.279 0.375 1.113
Non-profit institutions serving households' final consumption expenditure 39,652 39,844 0.007 0.006 0.028
General governments final consumption expenditure 552,016 556,201 0.166 0.212 0.662
Gross fixed capital formation 531,249 535,612 0.187 0.037 0.746
Business gross fixed capital formation 425,188 424,929 -0.011 0.021 -0.044
Residential structures 159,390 157,619 -0.083 -0.009 -0.331
Non-residential structures, machinery and equipment 210,316 211,378 0.043 0.011 0.171
Non-residential structures 133,108 132,032 -0.045 -0.016 -0.180
Machinery and equipment 76,394 78,638 0.088 0.027 0.351
Intellectual property products 61,697 62,432 0.029 0.019 0.116
Non-profit institutions serving households' gross fixed capital formation 3,925 3,936 0.000 0.001 0.000
General governments gross fixed capital formation 103,085 107,972 0.198 0.015 0.790
Investment in inventories 13,364 -10,099 -1.062 -0.138 -4.238
Exports of goods and services 727,486 738,350 0.457 0.491 1.824
Goods 548,543 560,030 0.485 0.423 1.936
Services 183,988 183,296 -0.028 0.068 -0.112
Less: imports of goods and services 786,122 788,140 0.081 0.330 0.319
Goods 611,935 613,992 0.081 0.220 0.323
Services 175,354 175,337 -0.001 0.111 -0.004
Statistical discrepancy 621 -717 -0.054 0.000 -0.216
Gross domestic product at market prices 2,505,960 2,502,165 -0.151 0.723 -0.604
Final domestic demand 2,543,489 2,558,391 0.588 0.700 2.345
Source(s):
Date modified: