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percent in the first quarter aftera 6.3 percent decline in the last quarter of 2008. The Bureau of Economic which released first quarte gross domestic productfigures Thursday, said the improved performancew is due to a 1.4 percent increasde in real personal consumption. The decline in GDP, which measureas the output of goods and services producex inthe U.S., coincided with a rise in corporate which increased $48.1 billion in the first quartere following a $250.3 billion decrease in the fourth quarter of 2008. The GDP declinesa reflected drops in both imports and exports as well as declininhg production of equipmentand software, development and inventories.
The price inded for domestic purchases fell 1 percent on fallingv food anenergy prices. Excluding those, actual pricesx rose 1.4 percent, the government said. Federal pay raises for civiliaj and military employees contributedan 0.3 percent point to the changd in first quarter domestic purchases. Exports decreasex 30.6 percent and imports were down 36.4 after fourth quarter decreasesof 23.6 percent and 17.5 respectively.
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