FED OFFICIALS WORRIED ABOUT SLOWDOWN BEFORE WEAK JOBS REPORT Minutes from the Fed’s July 30 meeting show growing concern about an economic slowdown. Several officials expected weak growth in the second half of the year, citing slower income gains hurting consumer spending. These concerns came before July’s jobs report, which cut May and June job growth estimates by 258,000—likely deepening worries about a weakening labor market.(*Walter Bloomberg)