Table 1.1.6. Real Gross Domestic Product, Chained Dollars

Quarterly

		Billions of Chained 2017 Dollars
Line	Name	Q2 2025	Q1 2025	Q2 2024
line 1	Gross domestic product	23,770.976	23,548.210	23,286.508
line 2	Personal consumption expenditures	16,445.685	16,345.793	16,009.637
line 3	Goods	5,628.357	5,597.426	5,421.002
line 4	Durable goods	2,132.211	2,120.149	2,031.849
line 5	Nondurable goods	3,507.883	3,488.908	3,397.986
line 6	Services	10,842.338	10,773.637	10,606.762
line 7	Gross private domestic investment	4,382.819	4,547.947	4,381.983
line 8	Fixed investment	4,380.471	4,333.588	4,264.905
line 9	Nonresidential	3,659.320	3,595.389	3,517.460
line 10	Structures	661.157	674.182	697.842
line 11	Equipment	1,414.674	1,386.028	1,309.013
line 12	Intellectual property products	1,593.766	1,539.022	1,507.290
line 13	Residential	778.530	788.779	792.174
line 14	Change in private inventories	-18.264	171.969	75.071
line 15	Net exports of goods and services	-1,058.037	-1,380.718	-1,032.246
line 16	Exports	2,647.279	2,659.528	2,607.960
line 17	Goods	1,741.039	1,762.072	1,717.705
line 18	Services	908.667	900.969	892.795
line 19	Imports	3,705.316	4,040.246	3,640.206
line 20	Goods	2,991.760	3,332.214	2,960.918
line 21	Services	710.416	712.507	679.129
line 22	Government consumption expenditures and gross investment	3,992.974	3,993.923	3,919.170
line 23	Federal	1,516.604	1,537.219	1,511.466
line 24	National defense	874.211	872.329	850.855
line 25	Nondefense	641.999	664.749	660.675
line 26	State and local	2,475.300	2,456.304	2,407.341
line 27	Residual	-80.360	-6.167	-20.804