TABLE 3: ONTARIO REAL GROSS DOMESTIC PRODUCT, EXPENDITURE-BASED

TABLE 3
OEA Tables - Quarterly Data
ONTARIO REAL GROSS DOMESTIC PRODUCT, EXPENDITURE-BASED
Seasonally adjusted data at annual rates, millions of chained (2007) dollars
  2015 I 2015 II 2015 III 2015 IV 2016 I 2016II 2016 III 2016 IV
1. Final consumption expenditure on goods and services 521,180 524,305 527,041 532,114 534,653 539,144 540,368 544,920
Per cent change from previous quarter at quarterly rates 0.8 0.6 0.5 1.0 0.5 0.8 0.2 0.8
2. Household consumption expenditure 383,386 385,398 387,928 392,388 394,254 397,224 399,677 403,681
Per cent change from previous quarter at quarterly rates 0.5 0.5 0.7 1.1 0.5 0.8 0.6 1.0
3. Durable goods 53,102 54,078 55,529 57,067 58,759 57,827 58,805 60,649
Per cent change from previous quarter at quarterly rates −1.4 1.8 2.7 2.8 3.0 −1.6 1.7 3.1
4. Semi-durable 31,223 31,589 31,751 32,921 33,195 32,711 32,699 33,307
Per cent change from previous quarter at quarterly rates 0.7 1.2 0.5 3.7 0.8 −1.5 0.0 1.9
5. Non-durable 85,584 84,687 85,343 86,214 85,538 86,996 87,839 87,946
Per cent change from previous quarter at quarterly rates 1.0 −1.0 0.8 1.0 −0.8 1.7 1.0 0.1
6. Services 214,283 216,044 216,495 217,694 218,540 221,091 221,777 223,484
Per cent change from previous quarter at quarterly rates 0.7 0.8 0.2 0.6 0.4 1.2 0.3 0.8
7. Nonprofit institutions' final consumption expenditure 1 10,534 10,680 10,825 11,053 10,850 10,961 10,697 10,600
Per cent change from previous quarter at quarterly rates 2.2 1.4 1.4 2.1 −1.8 1.0 −2.4 −0.9
8. Government current expenditure 127,702 128,659 128,773 129,234 130,083 131,470 130,585 131,258
Per cent change from previous quarter at quarterly rates 1.4 0.7 0.1 0.4 0.7 1.1 −0.7 0.5
9. Total gross fixed capital formation 130,092 130,754 130,649 130,521 131,112 131,287 130,334 129,571
Per cent change from previous quarter at quarterly rates 0.3 0.5 −0.1 −0.1 0.5 0.1 −0.7 −0.6
10. Business gross fixed capital formation 106,450 107,242 107,300 107,525 107,553 107,456 105,815 104,243
Per cent change from previous quarter at quarterly rates 0.6 0.7 0.1 0.2 0.0 −0.1 −1.5 −1.5
11. Residential structures 44,073 45,450 45,583 46,470 47,854 48,383 49,058 49,808
Per cent change from previous quarter at quarterly rates 2.5 3.1 0.3 1.9 3.0 1.1 1.4 1.5
12. Non-residential structures 22,300 22,469 22,624 22,306 21,194 20,256 19,885 19,261
Per cent change from previous quarter at quarterly rates 0.0 0.8 0.7 −1.4 −5.0 −4.4 −1.8 −3.1
13. Machinery and equipment 28,041 26,860 26,661 26,125 25,899 26,081 23,735 23,613
Per cent change from previous quarter at quarterly rates 0.3 −4.2 −0.7 −2.0 −0.9 0.7 −9.0 −0.5
14. Intellectual property products 12,136 12,126 12,116 12,118 11,967 11,938 11,610 11,345
Per cent change from previous quarter at quarterly rates −4.9 −0.1 −0.1 0.0 −1.2 −0.2 −2.7 −2.3
15. Nonprofit institutions' gross fixed capital formation 2 1,071 1,066 1,053 1,017 1,037 1,084 1,134 1,166
Per cent change from previous quarter at quarterly rates −5.6 −0.5 −1.2 −3.4 1.9 4.5 4.7 2.8
16. Government capital expenditure 22,588 22,472 22,316 22,011 22,564 22,812 23,436 24,197
Per cent change from previous quarter at quarterly rates −1.1 −0.5 −0.7 −1.4 2.5 1.1 2.7 3.2
17. Exports of goods and services 339,231 343,269 355,701 361,883 367,780 357,715 357,966 352,052
Per cent change from previous quarter at quarterly rates −0.5 1.2 3.6 1.7 1.6 −2.7 0.1 −1.7
18. Imports of goods and services 340,946 342,637 343,383 345,630 348,016 346,045 342,601 335,766
Per cent change from previous quarter at quarterly rates 0.6 0.5 0.2 0.7 0.7 −0.6 −1.0 −2.0
19. Investment in inventories 9,405 5,922 675 −2,086 −3,728 −851 1,387 −2,119
20. Nonfarm 9,744 6,039 477 −2,564 −3,820 −1,088 1,362 −1,762
21. Farm −299 −77 238 518 20 166 −46 −428
22. Statistical discrepancy 397 1,589 −516 −265 −955 1,150 −1,062 −271
23. Gross Domestic Product at market prices 659,608 663,470 670,529 677,029 681,467 682,706 686,233 689,625
Per cent change from previous quarter at quarterly rates 0.3 0.6 1.1 1.0 0.7 0.2 0.5 0.5
See footnote 3 1.3 2.4 4.3 3.9 2.6 0.7 2.1 2.0
24. Final domestic demand 651,341 655,052 657,615 662,496 665,628 670,257 670,477 674,178
Per cent change from previous quarter at quarterly rates 0.7 0.6 0.4 0.7 0.5 0.7 0.0 0.6

TABLE 3
OEA Tables - Quarterly Data
ONTARIO REAL GROSS DOMESTIC PRODUCT, EXPENDITURE-BASED
Seasonally adjusted data at annual rates, millions of chained (2007) 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 550,283 555,101 559,374 562,152 565,261
Per cent change from previous quarter at quarterly rates 1.0 0.9 0.8 0.5 0.6
2. Household consumption expenditure 407,570 412,203 415,437 417,259 419,284
Per cent change from previous quarter at quarterly rates 1.0 1.1 0.8 0.4 0.5
3. Durable goods 61,719 62,597 62,292 62,547 63,945
Per cent change from previous quarter at quarterly rates 1.8 1.4 −0.5 0.4 2.2
4. Semi-durable 33,807 35,127 35,308 35,127 35,129
Per cent change from previous quarter at quarterly rates 1.5 3.9 0.5 −0.5 0.0
5. Non-durable 89,024 90,639 90,929 91,393 91,139
Per cent change from previous quarter at quarterly rates 1.2 1.8 0.3 0.5 −0.3
6. Services 224,844 225,899 228,844 230,062 231,097
Per cent change from previous quarter at quarterly rates 0.6 0.5 1.3 0.5 0.5
7. Nonprofit institutions' final consumption expenditure 4 10,470 10,571 10,535 10,543 10,610
Per cent change from previous quarter at quarterly rates −1.2 1.0 −0.3 0.1 0.6
8. Government current expenditure 132,851 133,015 134,096 135,027 136,028
Per cent change from previous quarter at quarterly rates 1.2 0.1 0.8 0.7 0.7
9. Total gross fixed capital formation 135,156 132,421 132,917 135,227 137,464
Per cent change from previous quarter at quarterly rates 4.3 −2.0 0.4 1.7 1.7
10. Business gross fixed capital formation 109,835 106,974 106,639 108,418 109,675
Per cent change from previous quarter at quarterly rates 5.4 −2.6 −0.3 1.7 1.2
11. Residential structures 53,023 49,217 47,668 48,104 47,242
Per cent change from previous quarter at quarterly rates 6.5 −7.2 −3.1 0.9 −1.8
12. Non-residential structures 19,825 20,278 21,027 21,385 22,104
Per cent change from previous quarter at quarterly rates 2.9 2.3 3.7 1.7 3.4
13. Machinery and equipment 25,285 26,364 26,854 27,741 29,199
Per cent change from previous quarter at quarterly rates 7.1 4.3 1.9 3.3 5.3
14. Intellectual property products 11,443 11,490 11,763 11,989 12,333
Per cent change from previous quarter at quarterly rates 0.9 0.4 2.4 1.9 2.9
15. Nonprofit institutions' gross fixed capital formation 5 1,147 1,159 1,166 1,186 1,159
Per cent change from previous quarter at quarterly rates −1.6 1.0 0.6 1.7 −2.3
16. Government capital expenditure 24,145 24,300 25,166 25,682 26,717
Per cent change from previous quarter at quarterly rates −0.2 0.6 3.6 2.0 4.0
17. Exports of goods and services 356,919 358,848 349,922 352,425 352,674
Per cent change from previous quarter at quarterly rates 1.4 0.5 −2.5 0.7 0.1
18. Imports of goods and services 346,846 347,271 348,138 347,116 352,118
Per cent change from previous quarter at quarterly rates 3.3 0.1 0.2 −0.3 1.4
19. Investment in inventories 3,150 4,638 9,094 5,628 6,376
20. Nonfarm 3,240 4,392 8,629 5,038 6,215
21. Farm 30 197 446 641 191
22. Statistical discrepancy −953 −915 1,843 837 1,879
23. Gross Domestic Product at market prices 697,849 702,468 704,646 708,976 711,447
Per cent change from previous quarter at quarterly rates 1.2 0.7 0.3 0.6 0.3
See footnote 6 4.9 2.7 1.2 2.5 1.4
24. Final domestic demand 685,459 687,217 691,944 697,151 702,606
Per cent change from previous quarter at quarterly rates 1.7 0.3 0.7 0.8 0.8

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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