The U.S. is showing signs of a "K-shaped" economy with spending among lower-income consumers showing little growth in comparison to their higher-income counterparts, a new analysis from the Bank of America Institute shows.Internal data detailed in the report showed that in November the three-month average of total card spending reflected a K-shaped pattern as the holiday season began in earnest."In terms of overall credit and debit card spending, we've really seen a divergence open up since around the sort of spring, early summer in our data," David Tinsley, senior economist at the Bank of Ame...

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