MarketWatch
US · 1 hrs ago
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Spending in the U.S. just slumped, and Bank of America isn’t sure why
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Bank of America reports a notable decline in spending by its customers based on credit and debit card usage data, though the reason for the slowdown remains unclear.
Spending in the U.S. just slumped, and Bank of America isn’t sure why
Something funny just happened in the U.S. economy, according to Bank of America after the nation’s number-two bank looked at credit- and debit-card use by its customers.
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