Coming up: Revised first-quarter GDP, jobless claims

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Coming up: Revised first-quarter GDP, jobless claims

Financial Markets News 0

WASHINGTON (MarketWatch) – The U.S. economy probably shrank in the first quarter instead of barely growing and weekly jobless claims are expected to edge lower, according to economists polled by MarketWatch. The economy may have contracted by 0.6% in the first three months of 2014 because of weaker exports and construction spending. Initially the government said the U.S. grew a scant 0.1%. And jobless claims are forecast to dip to 322,000 in the week ended May 24 from 326,000 in the prior wee…



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