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BofA (w/e 7 Nov) Total Card Spending +5.1% Y/Y (prev. +6.2%); spending growth remains healthy but has slowed, likely due to a moderation in gas prices

ORIGINAL · NewsquawkBofA (w/e 7 Nov) Total Card Spending +5.1% Y/Y (prev. +6.2%); spending growth remains healthy but has slowed, likely due to a moderation in gas prices
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BofA reported 5.1% year-over-year card-spending growth for the week ended November 7, down from 6.2% the previous week, while describing growth as healthy but slower.

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BACBank of America Corporation$50.91Current price

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