US investors may be preparing for news the world's largest economy stagnated in August 2012.
A survey of economists by Bloomberg has revealed many industry professionals believe Washington DC's drive to bring about growth are faltering and a report from the Commerce Department out on September 28th will prove this is the case.
According to a median estimate of 63 analysts surveyed by the news organisation, household purchases are expected to climb 0.5 per cent for last month, after a 0.4 per cent advance in July.
This kind of spending accounts for some 70 per cent of the US economy.
The government report is also expected to show incomes rose 0.2 per cent in August, after making gains of 0.3 per cent the previous month.
At the end of the week's trading on Friday, the Dow Jones Industrial Average slipped 0.1 per cent to 13579.4 points and the Nasdaq gained 0.1 per cent to 3179.9 points.
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