Table 3
Real gross domestic product by expenditure account, annualized change – Seasonally adjusted at annual rates, chained (2012) dollars
Third quarter 2019 | Fourth quarter 2019 | First quarter 2020 | Second quarter 2020 | Third quarter 2020 | Fourth quarter 2020 | Third quarter 2020 | Fourth 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 | 2.1 | 2.0 | -5.9 | -38.5 | 47.8 | 1.7 | 1,588,439 | 1,595,217 |
Household final consumption expenditure | 2.2 | 2.0 | -7.1 | -45.6 | 63.4 | -0.4 | 1,137,117 | 1,135,859 |
Non-profit institutions serving households' final consumption expenditure | 3.5 | 2.5 | -0.0 | -44.4 | 35.1 | 19.3 | 29,840 | 31,188 |
General governments final consumption expenditure | 1.6 | 1.9 | -3.1 | -16.5 | 16.9 | 6.2 | 421,401 | 427,753 |
Gross fixed capital formation | 7.9 | -3.6 | -1.3 | -44.4 | 72.1 | 9.6 | 436,880 | 447,012 |
Business gross fixed capital formation | 7.5 | -4.1 | -3.3 | -50.2 | 82.7 | 10.6 | 351,027 | 359,992 |
Residential structures | 14.4 | -2.9 | -2.2 | -49.2 | 191.4 | 18.4 | 156,314 | 163,068 |
Non-residential structures, machinery and equipment | 2.8 | -5.9 | -4.5 | -54.5 | 25.8 | 4.2 | 157,280 | 158,899 |
Intellectual property products | 4.1 | -0.1 | -1.4 | -31.0 | 25.1 | 2.1 | 35,831 | 36,017 |
General governments gross fixed capital formation | 9.6 | -1.3 | 8.5 | -12.4 | 35.3 | 5.6 | 83,974 | 85,131 |
Investment in inventories (millions of dollars) | -9,468 | 36 | -9,826 | -31,719 | -7,427 | 38,529 | -36,808 | 1,721 |
Exports of goods and services | -2.5 | -4.2 | -10.4 | -54.2 | 73.1 | 5.0 | 617,230 | 624,807 |
Less: imports of goods and services | -2.1 | -2.9 | -8.5 | -64.9 | 118.8 | 10.8 | 611,263 | 627,163 |
Statistical discrepancy (millions of dollars) | 1,923 | 361 | -1,121 | -15 | -1,684 | 2,694 | -1,236 | 1,458 |
Gross domestic product at market prices | 1.8 | 0.4 | -7.5 | -38.5 | 40.6 | 9.6 | 1,999,452 | 2,045,925 |
Final domestic demand | 3.3 | 0.7 | -4.9 | -39.9 | 52.8 | 3.5 | 2,023,946 | 2,041,230 |
Source(s):
Table 36-10-0104-01.
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