US consumer spending advanced at half the pace as previously reported in the second quarter, largely due to weaker services outlays, according to government figures published Thursday. Personal consumption, the main driver of the US economy, rose an annualized 0.8% in the April-to-June period, according to the third estimate of gross domestic product from the US Bureau of Economic Analysis. That compared with 1.7% in the previous estimate, and marked the weakest advance in over a year. Overall GDP rose at an unrevised 2.1% rate during the period. Stronger business fixed investment helped offset the slowdown in ... (full story)