Investors ready for Q1 GDP

|By:, SA News Editor

The U.S. Commerce Department will release its advance estimate of GDP for the first quarter at 8:30 a.m. ET.

Economists are expecting a 1.1% advance, down from the previous quarter's 2.1%, and still far from President Trump's campaign promise to pull the economy back above 3%.

President Bush's term from 2001 to 2008 generated an average GDP annual growth rate of 2.1%, while President Obama's term logged a 1.5% expansion.