U.S. Economy

Bank of America (w/e Aug 29) Total Card Spending +3.7% Y/Y (prev. +5% in July); add that, on balance, the robust spending growth in August is consistent with the view that the slump in July was a blip

StockNow breaking-news AI analysis

Bank of America total card spending grew +3.7% year-over-year for the week ending August 29, indicating robust August spending and supporting views that the July slump was a blip.

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