Table 3
Real gross domestic product by expenditure account, annualized change – Seasonally adjusted at annual rates, chained (2012) dollars
| First quarter 2019 | Second quarter 2019 | Third quarter 2019 | Fourth quarter 2019 | First quarter 2020 | Second quarter 2020 | First quarter 2020 | Second 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 | 2.2 | 0.8 | 2.0 | 1.7 | -9.3 | -34.9 | 1,606,926 | 1,443,196 |
| Household final consumption expenditure | 2.4 | 0.4 | 2.2 | 1.8 | -12.4 | -43.0 | 1,148,851 | 998,375 |
| Non-profit institutions serving households' final consumption expenditure | 5.2 | -0.5 | 0.9 | 2.8 | -4.0 | -39.9 | 30,252 | 26,636 |
| General governments final consumption expenditure | 1.6 | 1.9 | 1.6 | 1.5 | -1.1 | -10.4 | 427,653 | 416,091 |
| Gross fixed capital formation | 7.6 | -2.4 | 7.4 | -2.4 | -1.1 | -45.6 | 437,942 | 376,060 |
| Business gross fixed capital formation | 6.8 | -1.2 | 7.1 | -2.6 | -2.4 | -50.7 | 356,336 | 298,520 |
| Residential structures | -4.0 | 7.2 | 13.8 | 1.2 | -3.0 | -47.6 | 141,401 | 120,299 |
| Non-residential structures, machinery and equipment | 21.5 | -7.8 | 3.1 | -4.8 | -2.7 | -56.7 | 181,850 | 147,549 |
| Intellectual property products | -17.0 | 2.4 | 1.1 | -6.9 | 1.9 | -27.7 | 33,224 | 30,638 |
| General governments gross fixed capital formation | 11.1 | -7.4 | 9.4 | -1.4 | 5.0 | -17.9 | 79,720 | 75,888 |
| Investment in inventories (millions of dollars) | 9,263 | -4,974 | -10,372 | 953 | -5,051 | -42,162 | 4,311 | -37,851 |
| Exports of goods and services | -2.7 | 9.0 | -0.4 | -4.5 | -8.6 | -55.6 | 653,457 | 533,300 |
| Less: imports of goods and services | 10.0 | -4.4 | 0.2 | -3.2 | -9.9 | -64.1 | 645,590 | 499,728 |
| Statistical discrepancy (millions of dollars) | 540 | -1,015 | 424 | -44 | -1,191 | -751 | -640 | -1,391 |
| Gross domestic product at market prices | 1.2 | 3.2 | 1.1 | 0.6 | -8.2 | -38.7 | 2,057,186 | 1,820,369 |
| Final domestic demand | 3.4 | 0.1 | 3.2 | 0.8 | -7.5 | -37.4 | 2,043,347 | 1,817,240 |
Source(s):
Table 36-10-0104-01.
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