CNBC Television
11 Aug 2026, 11:47 UTC · 1h ago
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Lower-income households drove spending growth in July, according to BofA's Liz Everett Krisberg. — Increased spending from lower-income tiers typically signals resilience in consumer demand, which is positive for retail and consumer staples.
+0.30Which stocks this story touches
Bank of America is mentioned as the source of the data analysis rather than the subject of the news.
Google is mentioned only in the footer copyright of the platform hosting the video.
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