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SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE: V) today announced that the U.S. Spending Momentum Index (SMI) was 110.6 in October (seasonally adjusted), up 2.1 points from September. 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 spending momentum is strengthening and when it falls below 100, the spending momen
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