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Story summary
- A PNC report said the spending-growth gap between high- and low-income U.S. households was the narrowest in three years.
- Bank of America Institute data showed lower-income spending outpaced higher-income spending in June.
- Consumer spending rose 3.2% in the second quarter while retail sales have risen for months.
- Catholic Charities Dallas reported serving over 240,000 people and providing more than 15 million meals since summer 2024.
