U.S. consumer spending held steady in April, with average credit and debit card purchases per household rising just 1% from ...

Consumer spending is slowing down across all income levels, according to the Bank of America’s research arm. The Bank of ...

Bank of America’s chief executive, Brian Moynihan, said consumers are still spending despite polls that show people are worried about the economy. “The economy is still growing and our ...

Bank of America data released Tuesday show that fewer Americans ... according to Earnest Analytics, a data analysis firm. “Consumer spending is off to a rocky start in 2025, with trade policy ...

Officials at the Charlotte-based bank essentially divided their First Quarter earnings call Tuesday into talking about the bank’s growth in the first quarter and concerns over market volatility and ...

Bank of America and Citigroup said consumer spending ticked higher in the first quarter, when concerns about the economy began to bubble up.

Americans haven’t stopped spending despite broad economic uncertainty. But a close look at recent data and trends has fed ...

Bank of America Corp.'s stock was rallying 4.8% as one of the biggest gainers in the S&P 500 after the bank downplayed the possibility of a recession and said consumers are still spending in April.

Bank of America recently reported better-than ... Moynihan noted during the banks’ earnings call that consumer spending remains resilient and there are signs that the economy may be starting ...

Bank of America CEO and Chairman Brian Moynihan said, "Our business clients have been performing well; and consumers have shown resilience, continuing to spend and maintaining healthy credit quality.

Bank of America. "Taking the Pulse of Consumer Health." Earnest Analytics. "Consumer Spending Decelerated in March as Discretionary Categories Struggled." Homebuyers in the 4 Most Populous States ...