The economy’s primary growth engine — consumer spending — advanced 1.2%, down from an initial estimate of 1.8% and the ...

First-quarter growth was brought down by a surge in imports as companies in the United States hurried to bring in foreign ...

The economy’s primary growth engine—consumer spending—advanced 1.2%, down from an initial estimate of 1.8% and the weakest pace in almost two years. Meantime, net exports subtracted nearly 5 ...