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 ...

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

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 ...

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

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.

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

Bank of America and Citigroup said Tuesday consumer spending ticked higher in the first quarter when concerns about tariffs and the economy began to bubble up. JPMorgan Chase said last week that ...

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 ...

America, at the start of 2025, is a tale of two consumers. Lower-income earners ... plastic that carries the bank's own brand — a cohort with higher credit scores — saw spending rise 3%. Both ...

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 ...