A severe thunderstorm warning has been issued for northeastern Sarpy County in Nebraska and central Pottawattamie and northwestern Mills counties in Iowa until 4:30 p.m. A tornado watch is in effect until 10 p.m. Sunday for southeast Nebraska and southwest Iowa, including Omaha, Council Bluffs and Lincoln.
The government says the economy performed slightly better in the first three months of 2009 than was first estimated. Friday's updated reading says the economy sank at rate of 5.7 percent, not the 6.1 first reported.
Even in the face of today's report, many analysts believe activity is not shrinking nearly as much now as the recession is starting to flash signs of turning around.
Friday's new reading was a tad worse than the 5.5 percent annualized drop economists were forecasting.
