The third and final estimate of first quarter Gross Domestic Product is set for release at the bottom of the hour.
Economists expect that the economy contracted -0.2%, according to Bloomberg.
The report is also forecast to show that personal consumption rose 1.9% in the first quarter, up from a second reading of 1.8%.
The second revision released by the Bureau of Economic Analysis last month pegged GDP at -0.7%. This final estimate is expected to show an improvement that matches the first estimate of -0.2%.
Wall Street had forecast 2% GDP in Q1, but that growth eluded the economy, and changed its story in just a few weeks.
The Atlanta Fed, which famously nailed the first quarter flop, sees the economy bouncing back in Q2 with 1.9% growth.
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