Heads up! Minutes away from the release of the first estimate for first quarter U.S. GDP, due out at 8:30 AM ET.
Economists expect the release to show that the U.S. economy expanded by 3.0% in the first quarter after advancing only 0.4% in the fourth quarter of 2012.
First quarter personal consumption growth is expected to come in at 2.8%, up from the 1.8% growth rate observed in the fourth quarter.
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