How is the U.S. consumer holding up? Bank of America CEO Brian Moynihan sees clues in the pet food aisle
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The US consumer's spending habits are being closely watched amidst economic uncertainty. Some reports suggest that consumer spending is holding up, with Bank of America's consumer unit earning nearly $3.3 billion and card volumes increasing. However, there are also indications that cracks are starting to show, leaving the overall state of consumer spending somewhat uncertain.
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