<br /> Reuters reports U.S. economic growth slowed less than expected in the second quarter.<br />A surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build.<br />That could further allay concerns about the economy’s health.<br />However, the fairly upbeat report from the Commerce Department on Friday had some red flags.<br />Business investment contracted for the first time in more than three years, and housing declined for a sixth straight quarter. <br />
