U.S. Markets

Bank of America (BAC) says the co's data show the US economy is becoming more broad based; adds that lower percentile wage growth is now above the upper two groups, whilst discretionary spending is rising across all income groups

StockNow breaking-news AI analysis

Bank of America data shows a broader-based US economy, with lower percentile wage growth topping higher brackets and discretionary spending increasing across all income groups.

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Now sees continue growth in the near-term.

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