Chart 6. Percent change from previous quarter in gross domestic product and percentage point contributions of component series, Q1 2022–Q2 2023
Quarter Personal consumption expenditures Gross private domestic investment Net exports Government spending Gross domestic product

Q1 2022

0.9 1.0 -3.1 -0.4 -1.6

Q2 2022

1.4 -2.8 1.2 -0.3 -0.6

Q3 2022

1.5 -1.8 2.9 0.7 3.2

Q4 2022

0.7 0.8 0.4 0.7 2.6

Q1 2023

2.8 -2.2 0.6 0.9 2.0

Q2 2023

1.1 0.6 -0.2 0.6 2.1

Note: Q1 = first quarter, Q2 = second quarter, Q3 = third quarter, Q4 = fourth quarter.

Source: U.S. Bureau of Economic Analysis.