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Credit and debit card spending rose 1.7%, but weak wage growth and a cooling labor market still limit young consumers' buying power. Will lower housing costs offer relief?
AI can accelerate solutions to global challenges, but the gap between potential and practice is widening. The challenge: unlock its promise while ensuring responsible governance.
Subscribe to Bank of America Institute today to stay informed.
Household moves are down 20% from pre-pandemic levels. With many families locked into lower rates, housing supply is tight — especially in the Northeast and West. Unless affordability improves, migration may stay muted.
Find out where moving trends are headed next from Bank of America Institute.
From robotaxis to self-driving trucks, breakthroughs in AI and falling tech costs are reshaping transportation. Explore how autonomous vehicles could unlock a $1.2 trillion market by 2040.
Subscribe to Bank of America Institute to stay ahead of the trends.
Household debt rose to $18.39T in Q2. Payments are manageable now, but higher mortgage costs and student loan delinquency may soon strain household spending. Can consumers sustain resilience if the labor market continues to soften?
With electricity demand surging, a breakthrough is needed. Small modular reactors (SMRs) offer a potential solution, designed to be safer, more affordable, and provide zero-carbon power.
Discover what sets SMRs apart by subscribing to Bank of America Institute.
Online spending growth continues to trend higher than services and overall retail spending growth, especially when fueled by buy now, pay later options and AI-efficiency. What does this mean for the future of retail?
Discover what’s driving digital retail in Bank of America Institute.