WASHINGTON (AP) — The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate. The expansion in the nation’s gross domestic product — the economy’s total output of goods and services — slipped from a red-hot 4.9% from July …
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This Week: Consumer confidence, GDP report, construction spending
A look at some of the key business events and economic indicators upcoming this week EYE ON CONSUMERS The Conference Board delivers its latest monthly snapshot of U.S. consumer confidence Tuesday. Economists expect that Americans’ confidence waned this month. In January, the index rose to its highest level in two years. Consumer spending accounts for around 70% of U.S. economic …
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