June 14, 2021 Sophia Vida
Money

BofA CEO Says Consumer Spending is This Much Higher This Year Compared to 2019

It seems America is back to spending money. And lots of it. According to Bank of America’s Chief Executive, Brian Moynihan, consumer spending is 20% higher in 2021 than compared to 2019. Transaction volumes on customers’ credit and debit cards and over the Zelle payment network have grown by 20% so far this year compared … Continue reading “BofA CEO Says Consumer Spending is This Much Higher This Year Compared to 2019”