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First-quarter GDP report highlights the week's numbers

6:07 AM, May 28, 2013   |    comments
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WASHINGTON (AP) - The government's latest gauge of the nation's economic growth highlights the week's economic data.

The Commerce Department releases first-quarter gross domestic product on Thursday.

A couple of private sector reports lead off the week. On Tuesday, Standard & Poor's releases the S&P/Case-Shiller index of home prices for March and the first quarter. Later in the morning, the Conference Board releases its Consumer Confidence Index for May.

On Thursday, in addition to the GDP update, the Labor Department releases weekly jobless claims, while Freddie Mac releases weekly mortgage rates, and the National Association of Realtors releases pending home sales index for April.

The Commerce Department caps off the week's numbers with April data on personal income and spending on Friday.






Associated Press

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