Business Insider: "The Federal Reserve Bank of Atlanta just completely wiped out its US growth forecast for the first quarter: It now expects that there was no growth at all in Q1."
"To what extent this weakness can be blamed on bad weather is massively important for the US economy. Here's Oxford Economics' assessment:"
"Part of the blame can be put on adverse weather. Indeed, some of the most weather sensitive sectors, including motor vehicles and building material & garden equipment, were negatively impacted by the bitter temperatures and severe snowstorms experienced in the winter months..."