Table 1.1.6. Real Gross Domestic Product, Chained Dollars

Quarterly

		Billions of Chained 2017 Dollars
Line	Name	Q1 2026	Q4 2025	Q1 2025
line 1	Gross domestic product	24,174.527	24,055.749	23,548.210
line 2	Personal consumption expenditures	16,731.167	16,665.219	16,345.793
line 3	Goods	5,673.091	5,675.103	5,597.426
line 4	Durable goods	2,141.125	2,141.168	2,120.149
line 5	Nondurable goods	3,542.871	3,544.756	3,488.908
line 6	Services	11,076.422	11,011.662	10,773.637
line 7	Gross private domestic investment	4,501.152	4,408.299	4,547.947
line 8	Fixed investment	4,472.776	4,405.661	4,333.588
line 9	Nonresidential	3,802.278	3,709.689	3,595.389
line 10	Structures	630.761	641.826	674.182
line 11	Equipment	1,506.535	1,447.944	1,386.028
line 12	Intellectual property products	1,687.659	1,636.774	1,539.022
line 13	Residential	745.362	760.993	788.779
line 14	Change in private inventories	-7.534	-15.636	171.969
line 15	Net exports of goods and services	-1,067.524	-968.658	-1,380.718
line 16	Exports	2,769.377	2,686.754	2,659.528
line 17	Goods	1,844.760	1,769.425	1,762.072
line 18	Services	929.531	920.073	900.969
line 19	Imports	3,836.900	3,655.411	4,040.246
line 20	Goods	3,092.148	2,919.469	3,332.214
line 21	Services	740.714	728.935	712.507
line 22	Government consumption expenditures and gross investment	3,999.713	3,957.098	3,993.923
line 23	Federal	1,491.592	1,458.649	1,537.219
line 24	National defense	866.358	861.517	872.329
line 25	Nondefense	624.910	596.667	664.749
line 26	State and local	2,506.729	2,496.890	2,456.304
line 27	Residual	-88.099	-109.907	-6.167