Economists have been surprised by a surge in spending during the FIFA World Cup. The tournament has brought an economic boost to businesses in US host cities. Data from the Bank of America Institute indicates that each of the 11 host cities has seen increased spending.

Credit and debit card spending was up compared to the previous year. Further details on the economic impact of the World Cup are available from the Bank of America Institute, including information on how the spending surge has affected local retailers and restaurants in host cities.