TABLE 2: ONTARIO GROSS DOMESTIC PRODUCT, EXPENDITURE-BASED

TABLE 2
OEA Tables - Quarterly Data
ONTARIO GROSS DOMESTIC PRODUCT, EXPENDITURE-BASED
Seasonally adjusted data at annual rates, millions of dollars
  2015 I 2015 II 2015 III 2015 IV 2016 I 2016II 2016 III 2016 IV
1. Final consumption expenditure on goods and services 589,358 595,000 602,307 610,266 614,613 618,900 622,373 631,502
Per cent change from previous quarter at quarterly rates 0.9 1.0 1.2 1.3 0.7 0.7 0.6 1.5
2. Household consumption expenditure 425,167 429,528 435,597 442,341 445,751 448,111 452,145 459,561
Per cent change from previous quarter at quarterly rates 0.6 1.0 1.4 1.5 0.8 0.5 0.9 1.6
3. Durable goods 51,264 52,449 53,994 55,645 57,909 57,337 58,257 60,489
Per cent change from previous quarter at quarterly rates −0.6 2.3 2.9 3.1 4.1 −1.0 1.6 3.8
4. Semi-durable 29,513 29,911 30,381 31,479 31,429 31,202 31,231 31,605
Per cent change from previous quarter at quarterly rates 0.6 1.4 1.6 3.6 −0.2 −0.7 0.1 1.2
5. Non-durable 99,350 99,203 100,575 102,140 101,286 102,874 103,346 105,247
Per cent change from previous quarter at quarterly rates 0.2 −0.1 1.4 1.6 −0.8 1.6 0.5 1.8
6. Services 245,040 247,964 250,647 253,077 255,128 256,698 259,311 262,219
Per cent change from previous quarter at quarterly rates 1.0 1.2 1.1 1.0 0.8 0.6 1.0 1.1
7. Nonprofit institutions' final consumption expenditure 1 11,132 11,522 11,862 12,488 12,090 12,450 12,189 12,007
Per cent change from previous quarter at quarterly rates 2.3 3.5 3.0 5.3 −3.2 3.0 −2.1 −1.5
8. Government current expenditure 153,060 153,951 154,848 155,438 156,771 158,339 158,040 159,934
Per cent change from previous quarter at quarterly rates 1.6 0.6 0.6 0.4 0.9 1.0 −0.2 1.2
9. Total gross fixed capital formation 154,179 155,985 158,518 159,666 161,751 161,584 161,263 163,701
Per cent change from previous quarter at quarterly rates 1.4 1.2 1.6 0.7 1.3 −0.1 −0.2 1.5
10. Business gross fixed capital formation 126,485 128,222 130,699 131,950 133,292 132,785 131,601 132,861
Per cent change from previous quarter at quarterly rates 1.8 1.4 1.9 1.0 1.0 −0.4 −0.9 1.0
11. Residential structures 56,183 58,177 59,285 60,871 63,936 65,078 67,081 69,400
Per cent change from previous quarter at quarterly rates 3.4 3.6 1.9 2.7 5.0 1.8 3.1 3.5
12. Non-residential structures 27,205 27,540 27,745 27,490 25,970 24,707 24,584 23,480
Per cent change from previous quarter at quarterly rates 0.9 1.2 0.7 −0.9 −5.5 −4.9 −0.5 −4.5
13. Machinery and equipment 28,696 28,022 29,121 29,116 28,839 28,410 25,582 25,689
Per cent change from previous quarter at quarterly rates 3.4 −2.3 3.9 0.0 −1.0 −1.5 −10.0 0.4
14. Intellectual property products 14,401 14,482 14,547 14,473 14,547 14,591 14,354 14,292
Per cent change from previous quarter at quarterly rates −5.0 0.6 0.4 −0.5 0.5 0.3 −1.6 −0.4
15. Nonprofit institutions' gross fixed capital formation 2 1,185 1,197 1,200 1,179 1,205 1,263 1,323 1,373
Per cent change from previous quarter at quarterly rates −4.4 1.0 0.2 −1.7 2.3 4.8 4.7 3.8
16. Government capital expenditure 26,509 26,566 26,619 26,538 27,253 27,536 28,339 29,467
Per cent change from previous quarter at quarterly rates −0.4 0.2 0.2 −0.3 2.7 1.0 2.9 4.0
17. Exports of goods and services 385,169 391,132 412,761 418,923 425,163 409,545 414,884 413,720
Per cent change from previous quarter at quarterly rates 0.8 1.5 5.5 1.5 1.5 −3.7 1.3 −0.3
18. Imports of goods and services 395,474 396,326 404,180 404,853 408,539 400,985 402,379 401,893
Per cent change from previous quarter at quarterly rates 1.5 0.2 2.0 0.2 0.9 −1.8 0.3 −0.1
19. Investment in inventories 12,061 6,920 −446 −4,371 −3,618 −968 1,895 −1,649
20. Nonfarm 12,319 6,902 −534 −4,799 −3,665 −1,008 2,027 −1,146
21. Farm −223 56 124 463 6 −5 −185 −564
22. Statistical discrepancy 450 1,735 −258 −407 −2,116 1,086 −790 295
23. Gross Domestic Product at market prices 745,744 754,446 768,702 779,225 787,255 789,163 797,246 805,677
Per cent change from previous quarter at quarterly rates 1.1 1.2 1.9 1.4 1.0 0.2 1.0 1.1
See footnote 3 4.4 4.7 7.8 5.6 4.2 1.0 4.2 4.3
24. Final domestic demand 743,538 750,985 760,825 769,933 776,364 780,484 783,636 795,203
Per cent change from previous quarter at quarterly rates 1.0 1.0 1.3 1.2 0.8 0.5 0.4 1.5
TABLE 2
OEA Tables - Quarterly Data
ONTARIO GROSS DOMESTIC PRODUCT, EXPENDITURE-BASED
Seasonally adjusted data at annual rates, millions of dollars
  2017 I 2017 II 2017 III 2017 IV 2018 I 2018 II 2018 III 2018 IV
1. Final consumption expenditure on goods and services 638,885 646,853 650,792 658,109 665,216
Per cent change from previous quarter at quarterly rates 1.2 1.2 0.6 1.1 1.1
2. Household consumption expenditure 464,500 470,214 473,305 478,401 483,706
Per cent change from previous quarter at quarterly rates 1.1 1.2 0.7 1.1 1.1
3. Durable goods 62,093 62,595 62,067 62,663 64,297
Per cent change from previous quarter at quarterly rates 2.7 0.8 −0.8 1.0 2.6
4. Semi-durable 31,670 32,530 32,836 32,605 32,655
Per cent change from previous quarter at quarterly rates 0.2 2.7 0.9 −0.7 0.2
5. Non-durable 106,417 108,093 108,395 110,257 111,071
Per cent change from previous quarter at quarterly rates 1.1 1.6 0.3 1.7 0.7
6. Services 264,320 266,996 270,007 272,876 275,682
Per cent change from previous quarter at quarterly rates 0.8 1.0 1.1 1.1 1.0
7. Nonprofit institutions' final consumption expenditure 4 12,357 12,425 12,505 12,587 12,842
Per cent change from previous quarter at quarterly rates 2.9 0.6 0.6 0.7 2.0
8. Government current expenditure 162,029 164,214 164,982 167,120 168,668
Per cent change from previous quarter at quarterly rates 1.3 1.3 0.5 1.3 0.9
9. Total gross fixed capital formation 173,875 170,327 168,979 173,391 176,506
Per cent change from previous quarter at quarterly rates 6.2 −2.0 −0.8 2.6 1.8
10. Business gross fixed capital formation 143,028 139,048 136,970 140,471 142,099
Per cent change from previous quarter at quarterly rates 7.7 −2.8 −1.5 2.6 1.2
11. Residential structures 77,230 70,870 67,984 69,426 68,232
Per cent change from previous quarter at quarterly rates 11.3 −8.2 −4.1 2.1 −1.7
12. Non-residential structures 24,110 24,681 25,773 26,355 27,241
Per cent change from previous quarter at quarterly rates 2.7 2.4 4.4 2.3 3.4
13. Machinery and equipment 27,336 29,067 28,481 29,612 31,111
Per cent change from previous quarter at quarterly rates 6.4 6.3 −2.0 4.0 5.1
14. Intellectual property products 14,352 14,430 14,732 15,078 15,516
Per cent change from previous quarter at quarterly rates 0.4 0.5 2.1 2.4 2.9
15. Nonprofit institutions' gross fixed capital formation 5 1,346 1,373 1,385 1,416 1,396
Per cent change from previous quarter at quarterly rates −1.9 2.0 0.9 2.2 −1.4
16. Government capital expenditure 29,500 29,905 30,624 31,504 33,010
Per cent change from previous quarter at quarterly rates 0.1 1.4 2.4 2.9 4.8
17. Exports of goods and services 418,446 427,828 405,198 412,295 414,277
Per cent change from previous quarter at quarterly rates 1.1 2.2 −5.3 1.8 0.5
18. Imports of goods and services 412,335 421,340 407,493 411,445 418,439
Per cent change from previous quarter at quarterly rates 2.6 2.2 −3.3 1.0 1.7
19. Investment in inventories 4,214 5,688 10,259 8,295 7,641
20. Nonfarm 4,466 5,467 9,726 7,584 7,347
21. Farm −112 156 508 771 256
22. Statistical discrepancy −1,123 −1,079 2,170 994 2,238
23. Gross Domestic Product at market prices 821,963 828,278 829,905 841,638 847,438
Per cent change from previous quarter at quarterly rates 2.0 0.8 0.2 1.4 0.7
See footnote 6 8.3 3.1 0.8 5.8 2.8
24. Final domestic demand 812,760 817,180 819,771 831,500 841,721
Per cent change from previous quarter at quarterly rates 2.2 0.5 0.3 1.4 1.2

Notes: Per cent change from previous quarter at quarterly rates is given on the second line.

[1], [2], [4], [5] Non-profit institutions serving households.

[3], [6] Annualized per cent change from previous quarter.

Sources: Office of Economic Policy, Ontario Ministry of Finance and Statistic Canada.

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