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International Business Times
International Business Times
Business
Mark Moore

Credit Card Spending Accelerated In December As Americans Spent On Services And Retail

Credit card spending increased 2.2% in December over last year, according to an analysis by the Bank of America Institute. (Credit: Pexels)

Consumers closed out 2024 strong as December credit card and debit card spending per household increased 2.2% over the same period a year ago.

Analysis by the Bank of America Institute showed December's spending growth was the second-fastest year-on-year growth in 2024.

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