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percent in the first quarter aftera 6.3 percenyt decline in the last quarter of 2008. The Bureau of Economicc Analysis, which released first quartert gross domestic productfigures Thursday, said the improvex performance is due to a 1.4 percent increase in real personak consumption. The decline in GDP, which measures the outpur of goods and services produced in the coincided with a rise incorporatde profits, which increased $48.1 billion in the firsty quarter following a $250.3 billiobn decrease in the fourth quarte of 2008. The GDP declines reflected drops in both importd and exports as well as declining productionn of equipmentand software, developmentt and inventories.
The pricer index for domestic purchases fell 1 perceny on falling food an energy Excluding those, actual prices rose 1.4 the government said. Federal pay raisese for civilian and military employees contributedan 0.3 percenr point to the change in first quarter domestif purchases. Exports decreased 30.6 percent and import s were down 36.4 percent, after fourtgh quarter decreasesof 23.6 percent and 17.5 respectively.
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