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Lower-income household drove spending growth in July, says BofA's Liz Everett Krisberg
CNBC Television· 2026-08-11 11:47
New data from the Bank of America monthly consumer checkpoint. Joining us now the head of the Bank of America Institute, Liz Effort Chrisber. Liz, [music] great to see you again. >> Great to be here.>> Uh, seems like the headline for July is a consumer strong. The consumer is strong. The some people might say that the headline is that the consumer is weak because spending growth was up only 5% down from 6.3% the month before.But I think it's really important to understand that that moderation is really a fu ...