Home Business U.S. consumer spending, factory data point to weak first quarter GDP growth Business U.S. consumer spending, factory data point to weak first quarter GDP growth By Genpie - March 1, 2019 159 0 Facebook Twitter Google+ Pinterest WhatsApp U.S. personal income fell for the first time in more than three years in January and consumer spending dropped by the most since 2009 in December, putting the economy on a weak growth path early in the first quarter.