Table 4 
Real gross domestic product by expenditure account – Seasonally adjusted at annual rates 

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Real gross domestic product by expenditure account – Seasonally adjusted at annual rates
Third quarter 2023Fourth quarter 2023Contributions to percent change in real gross domestic product – Fourth quarter 2023Contributions to percent change in implicit price indexes – Fourth quarter 2023Annualized contributions to percent change in real gross domestic product – Fourth quarter 2023
  millions of chained (2017) dollarsmillions of chained (2017) dollars percentage pointspercentage pointspercentage points
Final consumption expenditure 1,884,527 1,885,534 0.041 1.021 0.160
Household final consumption expenditure 1,325,966 1,329,212 0.131 0.488 0.526
Goods 571,313 573,691 0.098 0.035 0.394
Durable goods 168,053 170,903 0.115 0.057 0.462
Semi-durable goods 100,064 100,181 0.004 -0.011 0.016
Non-durable goods 303,725 303,229 -0.021 -0.011 -0.084
Services 757,079 757,913 0.033 0.453 0.132
Non-profit institutions serving households' final consumption expenditure 36,524 36,832 0.012 0.008 0.048
General governments final consumption expenditure 521,261 518,777 -0.103 0.526 -0.414
Gross fixed capital formation 497,999 493,166 -0.221 0.165 -0.888
Business gross fixed capital formation 403,477 398,027 -0.253 0.126 -1.016
Residential structures 152,333 151,699 -0.032 0.040 -0.128
Non-residential structures, machinery and equipment 202,958 197,944 -0.217 0.061 -0.876
Non-residential structures 127,722 123,835 -0.172 0.044 -0.691
Machinery and equipment 74,484 73,407 -0.046 0.017 -0.185
Intellectual property products 53,657 53,575 -0.003 0.024 -0.012
Non-profit institutions serving households' gross fixed capital formation 2,418 2,437 0.001 0.000 0.004
General governments gross fixed capital formation 92,845 93,581 0.031 0.039 0.124
Investment in inventories 33,306 32,025 -0.118 0.334 -0.474
Exports of goods and services 726,023 735,957 0.455 0.100 1.827
Goods 565,163 572,072 0.322 0.070 1.293
Services 163,905 167,054 0.133 0.031 0.534
Less: imports of goods and services 797,414 794,014 -0.143 0.260 -0.578
Goods 624,755 621,914 -0.120 0.161 -0.482
Services 173,981 173,417 -0.024 0.100 -0.096
Statistical discrepancy 886 -354 -0.053 0.000 -0.213
Gross domestic product at market prices 2,349,328 2,355,149 0.248 1.361 0.990
Final domestic demand 2,377,062 2,372,751 -0.180 1.187 -0.728
Source(s):
Tables 36-10-0104-01 and 36-10-0106-01.
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