Lower-income household drove spending growth in July, says BofA's Liz Everett Krisberg

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 ...