Table 3
Real gross domestic product by expenditure account, annualized change – Seasonally adjusted at annual rates, chained (2012) dollars
| Fourth quarter 2018 | First quarter 2019 | Second quarter 2019 | Third quarter 2019 | Fourth quarter 2019 | First quarter 2020 | Fourth quarter 2019 | First quarter 2020 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1.6 | 2.2 | 0.8 | 2.0 | 1.7 | -7.5 | 1,646,529 | 1,614,736 |
| Household final consumption expenditure | 1.0 | 2.4 | 0.4 | 2.2 | 1.8 | -9.0 | 1,187,398 | 1,159,845 |
| Non-profit institutions serving households' final consumption expenditure | 2.9 | 5.2 | -0.5 | 0.9 | 2.8 | -4.3 | 30,560 | 30,224 |
| General governments final consumption expenditure | 3.1 | 1.6 | 1.9 | 1.6 | 1.5 | -3.8 | 428,867 | 424,726 |
| Gross fixed capital formation | -7.8 | 7.6 | -2.4 | 7.4 | -2.4 | -0.3 | 439,158 | 438,786 |
| Business gross fixed capital formation | -6.7 | 6.8 | -1.2 | 7.1 | -2.6 | -1.4 | 358,534 | 357,254 |
| Residential structures | -10.4 | -4.0 | 7.2 | 13.8 | 1.2 | -0.4 | 142,475 | 142,323 |
| Non-residential structures, machinery and equipment | -4.8 | 21.5 | -7.8 | 3.1 | -4.8 | -2.7 | 183,116 | 181,873 |
| Intellectual property products | -0.3 | -17.0 | 2.4 | 1.1 | -6.9 | 1.0 | 33,071 | 33,156 |
| General governments gross fixed capital formation | -13.1 | 11.1 | -7.4 | 9.4 | -1.4 | 4.6 | 78,748 | 79,643 |
| Investment in inventories (millions of dollars) | 7,211 | 9,263 | -4,974 | -10,372 | 953 | -11,356 | 9,362 | -1,994 |
| Exports of goods and services | -0.4 | -2.7 | 9.0 | -0.4 | -4.5 | -11.3 | 668,361 | 648,615 |
| Less: imports of goods and services | -1.3 | 10.0 | -4.4 | 0.2 | -3.2 | -10.7 | 662,700 | 644,158 |
| Statistical discrepancy (millions of dollars) | -675 | 540 | -1,015 | 424 | -44 | -809 | 551 | -258 |
| Gross domestic product at market prices | 1.0 | 1.2 | 3.2 | 1.1 | 0.6 | -8.2 | 2,101,480 | 2,057,160 |
| Final domestic demand | -0.6 | 3.4 | 0.1 | 3.2 | 0.8 | -6.0 | 2,083,767 | 2,051,942 |
Source(s):
Table 36-10-0104-01.
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