U.S. Economy

BofA (w/e Oct 10th) Total Card Spending +5.1% Y/y (prev. +3% W/W); lower income spending growth has consistently outpaced higher income spending growth over the past few weeks

StockNow breaking-news AI analysis

BofA’s headline reports total card spending up 5.1% year over year for the week ended October 10, and says lower-income spending growth outpaced higher-income growth in recent weeks.

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