Visa u.s. spending momentum index rises again in november

San francisco--(business wire)--visa (nyse: v) today announced that the u.s. spending momentum index (smi) was 111.9 in november (seasonally adjusted), up 1.3 points from october, marking the second consecutive month of acceleration in consumer spending momentum. the smi's further increase above 100 signals that even more consumers are spending more than they did a year ago. the visa smi is an economic indicator of the health of consumer spending. when the visa smi rises above 100, the consumer
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