Q1 GDP Advance Estimate at 0.5%, Worse Than Mainstream Forecasts

``The Advance Estimate for Q1 GDP, to one decimal, came in at 0.5 percent, down from the 1.4 percent in Q4 of 2015. Today's number was worse than most mainstream estimates, with Investing.com forecasting 0.7 percent and the Briefing.com consensus at 0.9 percent. The latest Atlanta Fed GDPNow forecast (on April 27) was 0.6 percent.''