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US Economy-GDP Preview

From businessweek.com

The U.S. economy is likely growing more slowly after a solid start in the January-March quarter. But economists expect growth will strengthen in the second half of the year, buoyed by a better job market and a stronger housing recovery. Economists forecast no revision to last month's estimate of a 2.4 percent annual growth rate in the January-March quarter, according to a survey by FactSet. The Commerce Department will release its third and final look at first-quarter growth at 8:30 a.m. EDT Wednesday. Economists say growth is slowing only slightly in the April-June quarter to an annual rate of 2 percent or less amid ... (full story)

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  • Category: Breaking News