Barclays economists cut estimate
Barclay's tracking estimate has been around 1.5% for awhile so it's not a big surprise.
The first look on GDP is due next Friday, April 27 but it's endlessly revised afterwards.
More interestingly, Barclays was recently out with a note saying that GDP might not even be worth using anymore. They say digital goods, which are often costless and not subject to scale, make for an underrepresentation of GDP as a measure of well being.
