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WASHINGTON (MarketWatch) - U.S. real gross domestic product for the first quarter was revised to 1.0% annualized from the earlier estimate of 0.9%, the Commerce Department said Thursday. Economists surveyed by MarketWatch expected first quarter growth to be revised up to 1.1%. A key measure of inflation was revised higher. Core prices increased 2.3% up from 2.1% reported earlier. This is the fastest pace of core inflation since the third quarter of 2006. Corporate profits were revised to show a drop of 0.3% quarter-to-quarter, compared with the previous estimate of a 0.3% gain. Corporate profits have now dropped over the past three quarters.