GDP Increases in First Quarter

Washington, DC, May 26, 2011--Real gross domestic product increased at an annual rate of 1.8% in the first quarter. In the last quarter of 2010, GDP increased by 3.1%.

The government reported that the increase in real GDP in the first quarter primarily reflected positive contributions from
personal consumption expenditures, private inventory investment, exports and nonresidential
fixed investment that were partly offset by negative contributions from federal government spending and
state and local government spending. 

Imports, which are a subtraction in the calculation of GDP,
increased.