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BofA total card spending rose 6.0% Y/Y in the week to October 24 (prev. +4.9%), with spending growth among lower-income households consistently outpacing higher-income households over recent weeks

ORIGINAL · NewsquawkBofA total card spending rose 6.0% Y/Y in the week to October 24 (prev. +4.9%), with spending growth among lower-income households consistently outpacing higher-income households over recent weeks
StockNow breaking-news AI analysis

BofA reported 6.0% year-over-year total card spending growth in the week to October 24, while lower-income household spending growth outpaced higher-income households over recent weeks.

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