U.S. Economy

BofA Total Card Spending (w/e 31st Oct) +6.2% Y/Y (prev. +6%); spending on holiday items is off to a strong start

ORIGINAL · NewsquawkBofA Total Card Spending (w/e 31st Oct) +6.2% Y/Y (prev. +6%); spending on holiday items is off to a strong start
StockNow breaking-news AI analysis

BofA reported total card spending growth of 6.2% year over year for the week ended October 31, versus 6% previously; the headline said holiday-item spending started strongly.

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