GDP

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percent in the first quartere aftera 6.3 percent decline in the last quartee of 2008. The improved performance is due toa 1.4 percentf increase in real personal consumption, according to the , whicn released first-quarter gross domestid product figures Thursday. The decline in GDP, whicn measures the output of goods and servicewsproduced domestically, coincided with a rise in corporatde profits, which increased $48.1 billiob in the first quarter after a $250.3 billion decreasre in the fourth quarter of 2008.
The GDP declinesz reflected drops in imports and exports as well as declininfg production of equipmentand software, development and The price index for domestic purchases fell 1 percent on fallingt food and energy prices. Excluding those, actuakl prices rose 1.4 the government said. Exports decreased 30.6 and imports were down 36.4 after fourth-quarter decreases of 23.6 percenty and 17.5 percent, respectively.