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The phrase "have been spending" is correct and usable in written English.
You can use it during the present perfect continuous tense to talk about actions that began in the past and are still happening. For example, "I have been spending a lot of time studying for my college exams."
Exact(58)
I have been spending time with smokers.
Americans have been spending more and saving less.
In recent years, Americans have been spending more than they earn.
The rich have been spending more simply because they have so much extra money.
Since leaving Wall Street, you have been spending a lot of time in Washington.
For the first time in several summers Manchester United have been spending big.
Yet consumers have been spending more; since 2013 saving has hovered around its pre-crisis level.
In the meantime, insurance companies have been spending more on their marketing and advertising efforts.
Congressmen have been spending ever less time on the people's business.
However, even Venetian buyers have been spending less in recent years.
I have been spending time with family, friends and catching up with a lot of people.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com