AP Economics Writer WASHINGTON (AP) — The American economy, boosted by healthy consumer spending, is believed to have regained some momentum this spring after having begun 2024 at a sluggish pace. The Commerce Department is expected to report that the gross domestic product — the economy’s total output of goods and services — increased at a solid if unspectacular 1.9% annual rate from April through June. That would be up from 1.4% annual growth in the January-March quarter. Despite the likely uptick, the U.S. economy, the world’s largest, has clearly cooled in the face of the highest borrowing rates in decades. The post US growth likely picked up last quarter after a sluggish start to 20
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