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And Good Friday morning to you on what promises to be an important day for investors and the US economy economists expect the Commerce Department report on GDP.
To show the US economy continues to grow but still at a slow pace far below.
The kind of strong growth that normally follows a recession first quarter GDP expected to be roughly two and a half percent which is below the 3% GDP reading.
From the last quarter.
Investors will watch that GDP report closely but they will also watched Ford which reports first quarter earnings later this morning.
The iconic auto maker may suffer from too much of a good thing Ford.
Is actually having trouble producing enough cars and trucks to keep up with demand here in the United States and that may hurt its bottom line.
Revenue is expected to come in at 31 billion dollars but a drop in European sales.
And that slowdown in China may hold forward back just as it reds -- died here in North America.
People who bought homes that what they thought were bargain basement prices after 2010.
May be shocked to learn their investment.
Is hitting bottom or worse under water.
A recent report from core logic found that roughly one million Americans who purchased homes after 2010.
Are under water because.
Falling prices mean they now O war on their mortgage -- the house is worth.
Some real estate analysts believe the housing market will hit bottom later this year but the Case Shiller Index recently reported.
Prices continue to fall in fifteen of the twenty largest metro areas.
We're watching your investments here at the Fox Business Network giving you the power to prosper and New York I'm -- -- --
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