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Stock impact report

It Might Not Just Be Airlines That Are Off to a Slow Start This Year [Yahoo! Finance]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Yahoo! Finance
A new report from Bank of America suggests that poor winter weather conditions, a late Easter, and lack of consumer confidence are contributing to weak travel in early 2025. As a result, the report says that while spending is soft, it hasn't dropped to an alarming level to warrant a “red” rating. Airlines have already warned of a slow start to the year . That dynamic may be hitting other travel categories, too. Spending is also softer in the lodging and tourism categories, according to Bank of America data released Monday. Spending on lodging is about 2.5% lower than 2024 levels at this time, according to the data, which examines credit and debit card expenditures; Spending on tourism-related activities, such as motor home and RV rentals, sport clubs, tourist attractions and exhibits, amusement parks, aquariums and zoos, is down by similar margins. The data follows reports from a range of airlines, which earlier this year lowered their projections for the first quarter. Virgi Show less Read more
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