Gross domestic product, expenditure-based (quarterly)

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Gross domestic product, expenditure-based (quarterly)
  1st quarter 2013 4th quarter 2013 1st quarter 2014 4th quarter 2013 to 1st quarter 2014 1st quarter 2013 to 1st quarter 2014
  seasonally adjusted at annual rates
  $ millions % change
Final consumption expenditure 1,439,968 1,474,432 1,490,916 1.1 3.5
Household final consumption expenditure 1,006,500 1,038,948 1,048,920 1.0 4.2
Goods 447,332 463,452 467,944 1.0 4.6
Durable goods 122,436 126,584 126,228 -0.3 3.1
Semi-durable goods 71,436 74,192 73,724 -0.6 3.2
Non-durable goods 253,460 262,676 267,992 2.0 5.7
Services 559,168 575,496 580,976 1.0 3.9
Non-profit institutions serving households' final consumption expenditure 25,420 26,032 26,124 0.4 2.8
General governments final consumption expenditure 408,048 409,452 415,872 1.6 1.9
Gross fixed capital formation 443,272 450,156 449,740 -0.1 1.5
Business gross fixed capital formation 362,496 370,524 370,132 -0.1 2.1
Residential structures 125,468 128,752 127,096 -1.3 1.3
Non-residential structures, machinery and equipment 199,516 203,688 204,736 0.5 2.6
Non-residential structures 122,824 125,884 126,776 0.7 3.2
Machinery and equipment 76,692 77,804 77,960 0.2 1.7
Intellectual property products 37,512 38,084 38,300 0.6 2.1
Non-profit institutions serving households' gross fixed capital formation 2,312 2,276 2,332 2.5 0.9
General governments gross fixed capital formation 78,464 77,356 77,276 -0.1 -1.5
Investment in inventories1 11,680 14,980 16,828 1,848.0 5,148.0
Of which: business investment in inventories1 11,624 15,004 16,948 1,944.0 5,324.0
Non-farm1 8,076 14,412 15,272 860.0 7,196.0
Farm1 3,548 592 1,676 1,084.0 -1,872.0
Exports of goods and services 557,528 573,004 599,640 4.6 7.6
Goods 472,336 484,848 510,860 5.4 8.2
Services 85,192 88,156 88,780 0.7 4.2
Less: imports of goods and services 588,460 605,432 618,420 2.1 5.1
Goods 478,960 493,864 504,636 2.2 5.4
Services 109,500 111,568 113,784 2.0 3.9
Statistical discrepancy1 -852 -1,296 -1,376 -80.0 -524.0
Gross domestic product at market prices 1,863,136 1,905,844 1,937,328 1.7 4.0
Final domestic demand 1,883,240 1,924,588 1,940,656 0.8 3.0

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