Written by rjs, MarketWatch 666
First quarter GDP; March incomes & outlays, and March durable goods
The key economic releases from the past week that we’ll review today are the advance estimate of 1st quarter GDP and the concurrent March report on Personal Income and Spending, both from the Bureau of Economic Analysis. Other widely watched releases included the March advance report on durable goods and , and the February Case-Shiller Home Price Index from S&P Case-Shiller, which reported that the relative average of December, January and February home prices was 12.0% higher than average prices for the same homes that sold during the same 3 month period a year earlier.
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