GDP

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percent in the first quarter afteea 6.3 percent declinew in the last quarter of 2008. The improverd performance is due toa 1.4 percent increase in real personak consumption, according to the , which releaseed first-quarter gross domestic product figures Thursday. The decline in GDP, which measureds the output of goods and servicesproducedr domestically, coincided with a rise in corporate which increased $48.1 billion in the first quarteer after a $250.3 billion decrease in the fourth quarterr of 2008. The GDP declinese reflected drops in imports and exportzs as well as declining production of equipment and developmentand inventories.
The price index for domestivc purchases fell 1 percent on falling food and energy Excluding those, actual prices rose 1.4 the government said. Exports decreased 30.6 percent, and importss were down 36.4 after fourth-quarter decreases of 23.6 percent and 17.5 respectively.