Table 3
Real gross domestic product by expenditure account, annualized change – Seasonally adjusted at annual rates, chained (2017) dollars
| Fourth quarter 2024 | First quarter 2025 | Second quarter 2025 | Third quarter 2025 | Fourth quarter 2025 | First quarter 2026 | Fourth quarter 2025 | First quarter 2026 | |
|---|---|---|---|---|---|---|---|---|
| quarter-to-quarter % change, annualized | quarter-to-quarter % change, annualized | quarter-to-quarter % change, annualized | quarter-to-quarter % change, annualized | quarter-to-quarter % change, annualized | quarter-to-quarter % change, annualized | millions of dollars | millions of dollars | |
| Final consumption expenditure | 2.5 | 1.4 | 4.3 | -1.1 | 2.7 | 0.7 | 2,030,626 | 2,034,306 |
| Household final consumption expenditure | 2.6 | 1.2 | 4.4 | -0.8 | 2.9 | 1.5 | 1,434,309 | 1,439,531 |
| Non-profit institutions serving households' final consumption expenditure | 2.1 | 0.4 | 1.6 | 2.2 | 0.5 | -0.7 | 39,712 | 39,644 |
| General governments final consumption expenditure | 2.4 | 1.8 | 4.1 | -2.1 | 2.3 | -1.0 | 556,099 | 554,728 |
| Gross fixed capital formation | 10.2 | -3.7 | 1.5 | 1.6 | 2.8 | -4.3 | 535,580 | 529,694 |
| Business gross fixed capital formation | 10.7 | -4.2 | -0.5 | -1.3 | -1.7 | -3.0 | 423,783 | 420,619 |
| Residential structures | 14.9 | -10.2 | 0.2 | 4.4 | -9.4 | -7.9 | 155,039 | 151,891 |
| Non-residential structures, machinery and equipment | 10.1 | 0.2 | -0.4 | -5.9 | 2.3 | -3.2 | 212,614 | 210,877 |
| Intellectual property products | 0.5 | -0.6 | -3.2 | -2.0 | 9.4 | 13.8 | 62,977 | 65,052 |
| General governments gross fixed capital formation | 8.0 | -0.6 | 10.4 | 15.5 | 24.6 | -9.6 | 109,202 | 106,469 |
| Investment in inventories (millions of dollars) | -23,840 | 13,161 | 25,120 | -13,127 | -26,373 | 23,257 | -12,627 | 10,630 |
| Exports of goods and services | 9.3 | 4.5 | -23.4 | 4.1 | 6.7 | -0.5 | 741,277 | 740,304 |
| Less: imports of goods and services | 0.4 | 3.6 | 1.2 | -10.9 | 2.0 | 12.0 | 791,010 | 813,744 |
| Statistical discrepancy (millions of dollars) | -948 | 1,786 | 956 | -1,026 | -1,080 | -1,078 | -262 | -1,340 |
| Gross domestic product at market prices | 2.8 | 2.9 | -1.0 | 1.9 | -1.0 | -0.1 | 2,501,573 | 2,500,680 |
| Final domestic demand | 4.2 | 0.2 | 3.6 | -0.5 | 2.7 | -0.4 | 2,561,069 | 2,558,296 |
Source(s):
Table 36-10-0104-01.
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