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Table B.4 Real gross domestic product, expenditure-based, annualized percentage change

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Item Second quarter 2008 Third quarter 2008 Fourth quarter 2008 First quarter 2009 Second quarter 2009 Third quarter 2009 2007 2008
quarter to quarter percent change at annual rates, chained (2002) dollars

Notes:

Quarter to quarter percentage change, annualized.

1. Actual change in millions of dollars, at annual rates.

Source: Statistics Canada, Canadian Economic Accounts Quarterly Review, catalogue number 13-010-X.

Personal expenditure on consumer goods and services
1.1 0.6 -3.1 -1.4 1.8 3.1 4.6 3.0
Durable goods
-3.0 -0.8 -11.6 -9.4 4.2 9.8 7.6 5.6
Semi-durable goods
4.5 2.0 -6.5 -5.9 -1.9 -0.2 5.6 3.7
Non-durable goods
0.8 -0.2 -1.4 1.3 -0.1 1.6 3.2 1.5
Services
1.7 1.0 -1.4 -0.1 2.6 2.8 4.3 2.9
Government current expenditure on goods and services
4.6 -0.0 2.5 2.2 3.3 5.0 3.3 3.7
Government gross fixed capital formation
11.8 7.1 8.7 8.6 16.6 24.7 6.0 12.2
Government investment in inventories1
-136 -56 156 -92 -8 8 47 11
Business gross fixed capital formation
-2.1 -0.4 -18.6 -28.0 -9.0 5.6 3.4 -0.8
Residential structures
-1.3 -4.9 -23.0 -20.6 7.4 8.1 2.9 -2.7
Non-residential structures and equipment
-2.6 2.1 -16.2 -31.4 -16.6 4.2 3.7 0.2
Non-residential structures
1.0 7.6 -1.3 -24.9 -17.8 -13.8 3.0 -0.1
Machinery and equipment
-5.8 -2.9 -28.5 -37.3 -15.4 25.6 4.4 0.5
Business investment in inventories1
5,264 472 -4,666 -20,849 1,419 3,336 2,868 -2,750
Non-farm1
4,320 -1,740 -3,991 -16,491 2,157 1,536 2,818 -6,687
Farm1
934 2,146 -640 -4,489 -833 1,995 -62 3,893
Exports of goods and services
-4.1 -4.1 -17.7 -29.8 -19.5 15.3 1.1 -4.7
Goods
-4.1 -4.8 -20.2 -31.2 -22.8 19.6 1.3 -5.0
Services
-4.1 0.7 1.7 -20.9 0.6 -4.5 -0.2 -2.6
Deduct: Imports of goods and services
3.0 -3.4 -23.4 -39.2 -6.9 36.0 5.8 0.8
Goods
4.3 -1.6 -24.7 -42.3 -10.2 43.6 5.4 1.0
Services
-2.8 -11.8 -16.6 -23.3 7.9 8.8 7.4 -0.1
Statistical discrepancy1
243 720 34 1,765 106 -28 -1,521 -401
Gross domestic product at market prices
0.3 0.4 -3.7 -6.2 -3.1 0.4 2.5 0.4
Final domestic demand
1.5 0.5 -4.9 -6.1 0.6 4.7 4.1 2.6