`No Double Dip' for U.S. Economy, Rupkey Says

`No Double Dip' for U.S. Economy, Rupkey Says Play

March 28 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, discusses U.S. initial jobless claims and gross domestic product data released today. First-time jobless benefits rose by 16,000 to 357,000 in the week ended March 23, Labor Department data showed in Washington. Gross domestic product rose at a 0.4 percent annual rate in the fourth quarter, the Commerce Department reported.

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