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U.S. Economy

BofA week-to-July 11th total card spending +4.5% (prev. 4.8%); spending growth slowed but remains solid

StockNow breaking-news AI analysis

BofA reported solid 4.5% card spending growth for mid-July. Despite a slight week-over-week slowdown, resilient discretionary spending and wage convergence support a sturdier-than-expected US economic outlook.

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U.S. Economy

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