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Spending in the U.S. just slumped, and Bank of America isn’t sure why
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Spending in the U.S. just slumped, and Bank of America isn’t sure why

MarketWatch · May 8, 2026, 10:24 AM

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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