Heads up! We are minutes away from the release of the third and final estimate for first-quarter U.S. GDP growth, due out at 8:30 AM ET.
Economists predict the report will confirm that GDP grew at a 2.4% annualized rate in the first quarter, in line with previous estimates and consensus expectations. Personal consumption growth is expected to match previous estimates as well at 3.4% annualized.
UBS economists have a contrarian call: they think the headline number will slip to 2.1% annualized in today’s release.
We will have the full release LIVE at 8:30 AM ET. Click here to refresh for the latest >
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