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SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE: V) today announced that the U.S. Spending Momentum Index (SMI) was 102.4 in January (seasonally adjusted), down from a revised 109.4 in December. 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 momentum is weakening as fewer consumers are spending more relative to the previous year. The SMI’s decline fr
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