U.S. consumer spending slowed further in January, with sales at clothing stores declining by the most since 2009, a trend that could raise concerns about the economy’s ability to continue expanding at a moderate pace. The economy’s outlook was also dimmed by other data on Friday showing industrial production decreased for a second straight month in January as unseasonably mild weather depressed demand for utilities, and Boeing ( BA.N ) suspended production of it troubled 737 MAX plane. The reports prompted economists to predict weaker economic growth in the first quarter. They followed on the heels of Federal Reserve Chair Jerome Powell’s remarks to lawmakers this week that the “economy is in a very good […]