This year’s first-quarter US GDP is expected to increase 1.9%, based on the The Capital Spectator’s average econometric nowcast. This is the initial estimate based on limited Q1 data and so the projection is a preliminary guesstimate that’s sure to be revised as new economic reports are published. The official Q1 GDP report is scheduled for release on April 26, when the Bureau of Economic Analysis will publish the first of three estimates. (All GDP percentage changes cited are quoted as real seasonally adjusted annual rates.)