Table 2
Real gross domestic product by expenditure account, quarterly change – Seasonally adjusted at annual rates, chained (2017) dollars
| Third quarter 2022 | Fourth quarter 2022 | First quarter 2023 | Second quarter 2023 | Third quarter 2023 | Fourth quarter 2023 | Third quarter 2023 | Fourth quarter 2023 | |
|---|---|---|---|---|---|---|---|---|
| quarter-to-quarter % change | quarter-to-quarter % change | quarter-to-quarter % change | quarter-to-quarter % change | quarter-to-quarter % change | quarter-to-quarter % change | millions of dollars | millions of dollars | |
| Final consumption expenditure | 0.5 | 0.0 | 0.8 | -0.1 | 0.6 | 0.1 | 1,884,527 | 1,885,534 |
| Household final consumption expenditure | 0.1 | 0.2 | 1.0 | -0.2 | 0.1 | 0.2 | 1,325,966 | 1,329,212 |
| Non-profit institutions serving households' final consumption expenditure | 0.6 | 0.4 | -0.6 | 0.7 | 1.2 | 0.8 | 36,524 | 36,832 |
| General governments final consumption expenditure | 1.3 | -0.3 | 0.3 | 0.1 | 1.6 | -0.5 | 521,261 | 518,777 |
| Gross fixed capital formation | -2.3 | -1.2 | -0.2 | 0.7 | -1.0 | -1.0 | 497,999 | 493,166 |
| Business gross fixed capital formation | -2.6 | -1.9 | -1.1 | 1.1 | -1.4 | -1.4 | 403,477 | 398,027 |
| Residential structures | -5.9 | -2.2 | -3.7 | -0.9 | 2.1 | -0.4 | 152,333 | 151,699 |
| Non-residential structures, machinery and equipment | -0.1 | -1.7 | 0.5 | 3.6 | -4.4 | -2.5 | 202,958 | 197,944 |
| Intellectual property products | 0.5 | -1.4 | 1.9 | -2.3 | -0.9 | -0.2 | 53,657 | 53,575 |
| General governments gross fixed capital formation | -0.9 | 2.5 | 4.4 | -1.2 | 0.6 | 0.8 | 92,845 | 93,581 |
| Investment in inventories (millions of dollars) | 6,615 | -22,614 | -15,270 | 943 | -2,210 | -1,281 | 33,306 | 32,025 |
| Exports of goods and services | 1.3 | -0.2 | 3.3 | 1.1 | -0.3 | 1.4 | 726,023 | 735,957 |
| Less: imports of goods and services | 0.3 | -3.2 | 0.9 | 1.1 | 0.3 | -0.4 | 797,414 | 794,014 |
| Statistical discrepancy (millions of dollars) | 439 | -509 | 791 | 113 | -426 | -1,240 | 886 | -354 |
| Gross domestic product at market prices | 0.5 | -0.2 | 0.6 | 0.2 | -0.1 | 0.2 | 2,349,328 | 2,355,149 |
| Final domestic demand | -0.2 | -0.2 | 0.5 | 0.1 | 0.2 | -0.2 | 2,377,062 | 2,372,751 |
Source(s):
Table 36-10-0104-01.
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