BAC · News · 20261001N

Consumer Spending Performance

BANK OF AMERICA CORP /DE/ · 2026-10-01 · Importance 25 · Surprise 32

Bank of America card and transaction data cited in third-party reporting showed U.S. hobby spending increased 7.9% year over year in August 2026. The data indicates continued discretionary spending demand among U.S. consumers despite weakness in some other spending categories. Hobby-related purchases were identified as a relative area of consumer resilience.

Key facts

• Bank of America data shows hobby spending in August 2026 grew 7.9% year over year. source