(Bloomberg) — US consumer spending weakened and the merchandise trade deficit widened markedly at the start of the year, pointing to a downshift in the world’s largest economy.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With NewRead More