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Real Gross domestic product, expenditure-based, annualized percentage change 1

Standard symbols

  Third quarter 2004 Fourth quarter 2004 First quarter 2005 Second quarter 2005 Third quarter 2005 Fourth quarter 2005 2004 2005
chained (1997) dollars
Personal expenditure on consumer goods and services
3.5
3.8
6.1
3.8
2.4
2.9
3.4
4.0
Durable goods
5.2
6.6
8.4
7.9
3.2
-1.4
3.1
6.0
Semi-durable goods
8.3
0.0
9.9
5.8
-0.7
6.3
5.5
5.1
Non-durable goods
3.0
4.0
4.2
0.6
0.7
1.2
2.3
2.4
Services
2.6
3.7
5.8
4.0
3.6
4.2
3.7
4.1
Government current expenditure on goods and services
2.0
2.1
2.3
3.2
4.4
3.6
2.7
2.8
Government gross fixed capital formation
-0.3
3.6
8.0
1.8
5.0
11.1
4.9
4.2
Government investment in inventories 2
-88
-352
248
28
-84
48
5
4
Business gross fixed capital formation
7.3
8.1
6.5
5.2
9.5
8.6
6.9
6.9
Residential structures
7.1
5.2
-2.2
6.7
2.5
1.4
8.3
3.3
Non-residential structures
1.7
0.9
12.1
6.5
11.7
12.3
0.8
6.8
Machinery and equipment
11.4
16.5
11.8
2.9
15.3
13.3
9.8
10.7
Business investment in inventories 2
15,190
5,311
-4,895
-4,780
1,457
-2,464
464
2,735
Non-farm 2
14,941
4,950
-4,749
-4,649
1,810
-2,631
1,132
2,834
Farm 2
-84
270
-41
-48
-432
200
-916
-211
Exports of goods and services
-2.8
-3.1
3.3
-0.5
7.4
9.6
5.0
2.3
Goods
-3.2
-4.0
3.8
-0.6
9.1
10.5
5.4
2.6
Services
0.2
3.1
-0.3
0.1
-3.3
2.9
2.5
0.6
Deduct: Imports of goods and services
12.4
8.3
7.7
-3.2
10.2
11.4
8.1
7.0
Goods
15.9
6.6
9.2
-4.5
12.4
13.0
8.3
7.7
Services
-3.4
17.2
0.5
3.3
0.2
3.9
7.3
3.6
Statistical discrepancy 2
625
1,620
-647
1,165
-770
-1,827
-88
1,058
Gross domestic product at market prices
3.5
2.1
2.1
3.6
3.5
2.5
2.9
2.9
Final domestic demand
3.8
4.3
5.4
3.9
4.2
4.3
3.9
4.3
1 Quarter to quarter percentage change, annualized.
2 Actual change in millions of dollars, at annual rates.