Lower GDP forecast

It was up above 5% six weeks ago but has been steadily falling and is now below the consensus.

From the Atlanta Fed:

"The nowcast of first-quarter real private fixed-investment growth increased from 2.4 percent to 3.3 percent after this morning's new residential construction release from the U.S. Census Bureau and this morning's industrial production and capacity utilization release from the Federal Reserve Board of Governors. This increase was more than offset by the modest downward revisions to the nowcasts of the contributions of real consumer spending, real net exports, and real inventory investment to first-quarter real GDP growth"