gerazawa.wordpress.com
percent in the first quarter afteea 6.3 percent declinse in the last quarter of 2008. The Bureau of Economic which released first quarter gross domesticv productfigures Thursday, said the improved performanced is due to a 1.4 percent increase in real personal The decline in GDP, which measures the outpuy of goods and services produced in the coincided with a rise in corporate profits, which increases $48.1 billion in the first quarter following a $250.3 billion decreasr in the fourth quarter of 2008. The GDP declines reflectedr drops in both imports and exportsa as well as declining production of equipment and developmentand inventories.
The price index for domestic purchases fell 1 perceng on falling food anenergy prices. Excluding those, actua l prices rose 1.4 the government said. Federal pay raises for civilian and military employees contributedan 0.3 percent pointy to the change in firsgt quarter domestic purchases. Exports decreased 30.6 percentt and imports were down 36.4 percent, after fourth quarter decreasesof 23.6 percentf and 17.5 percent, respectively.
On the Internet:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment