In June, the Visa U.S. Spending Momentum Index registered 111.7, down 11.6 points from the May reading of 123.3. The reading above 100 suggests consumer spending was expanding year-overyear, but at a slightly slower pace than was seen in May.
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In June, the Visa U.S. Spending Momentum Index registered 111.7, down 11.6 points from the May reading of 123.3. The reading above 100 suggests consumer spending was expanding year-overyear, but at a slightly slower pace than was seen in May.