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percent in the first quarter aftera 6.3 percengt decline in the last quarter of 2008. The Bureaiu of Economic Analysis, whicu released first quarter gross domestivc productfigures Thursday, said the improved performance is due to a 1.4 perceng increase in real personal consumption. The decliner in GDP, which measures the outputy of goods and services produced inthe U.S., coincidedr with a rise in corporate which increased $48.1 billion in the firs quarter following a $250.4 billion decrease in the fourth quarter of 2008. The GDP declinesd reflected drops in both imports and exports as well as decliningb production of equipment and developmentand inventories.
The price indesx for domestic purchases fell 1 percentt on falling food anenergy prices. Excludingv those, actual prices rose 1.4 the government said. Federal pay raises for civilia n and military employees contributedan 0.3 percent poingt to the change in firsrt quarter domestic purchases. Exports decreased 30.6 percent and importe were down 36.4 percent, afte fourth quarter decreasesof 23.6 percent and 17.5 respectively.
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