By Steve Goldstein
WASHINGTON (MarketWatch) -- Macroeconomic Advisers and Morgan Stanley each cut their first-quarter GDP view by two-tenths, with Macroeconomic Advisers' estimates falling to 2.3% and Morgan Stanley's dropping to 2.5%, following the data on durable-goods orders released by the Commerce Department this morning. "Core orders and shipments were very weak for February, but inventories advanced faster than expected, partially offsetting the weakness in orders and shipments," the economists at Macroeconomic Advisers said.
