The Bank of America Institute
The Bank of America Institute is a think tank dedicated to uncovering powerful insights that move business and society forward.
Drawing on data and resources from across the bank and the world, the Institute delivers important, original perspectives on the economy, ESG and global transformation.
Consumer Morsel: Catch me abroad
Pent-up demand and a strong US dollar drives increased growth of international spending beyond summer peak.
Workplace benefits: Navigating a new era of financial wellness
Employers continue to embrace and expand programs for their employees in response to increased stress.
Consumer Morsel: High energy impact
Bank of America data shows a continued rise in key utility bills, with near-term reprieve unlikely.
The gig economy is up
Bank of America data shows that the on-demand work remains elevated, but it is not yet displacing traditional jobs.
Small Business Checkpoint: The return of cautious optimism
Small business travel and strength in payroll payments persist amid signs of cautious optimism.
From A to Gen Z
A recent study explores Gen Z’s approach to money – from financial priorities and behaviors to motivations and barriers.
Consumers are heading into the fall with solid spending and financial buffers. However, utility bills are taking a toll.
Back to the USA: The rising tide of reshoring
How the case for corporate reshoring continues to strengthen.
Consumer Morsel: The power of forgiveness
The federal student loan announcement has the potential to benefit a significant number of households. Who sees the most impact?
Are state tax changes bolstering consumers?
In response to budget surpluses, many states have been cutting taxes. Cuts aimed at gas prices appear to be benefitting consumers.
Consumer Morsel: It takes two income groups to tango
While discretionary spending slows for high-income consumers, the story differs across expense categories.
Housing Morsel: Who is impacted the most by surging rents?
As rent prices soar, younger and middle income consumers feeling the most pressure
Small Business Checkpoint: Beating the summer heat
Small business payments continue to grow in July with strong card spending and payroll payments.
Ring the bell for back to school season
Bank of America card data suggests back to school season kicked off on a strong footing despite concerns about consumer spending.
Consumers feel relief from lowering gas prices, but many are feeling squeezed from rising rents.
Neurodiversity in the workplace
To win the war for talent, employers must do their part in fostering workplaces that enable neurodivergent employees to thrive.
Housing market: The great slowdown
The U.S. housing market has reached a turning point with both home sales and home-related spending.
I’ll be latte to the office
The pandemic saw a rise in remote work. Coffee store sales suggest this has not completely unwound.
Retail inventories: too much or too little?
Retail inventories are rising across all sectors, but only general merchandise retailers are overstocked.
Paycheck to Paycheck
Rising expenses will impact people differently, based on their income & spending. We take a look at who has the thinnest margins.
July 4 holiday spending special: we will always have Paris
The “holiday bump” in spending was smaller this year than in the prior years, but international retail spending remains strong.
Small Business Checkpoint
Small businesses continue to spend, especially on travel and payroll, despite inflationary pressure.
The post summer outlook is unclear as crosswinds impact consumers, but balance sheets are still in good shape.
Tales from the Crypto
Following sharp declines in crypto markets, our data shows a declining appetite for crypto.
How do consumer habits change during a recession?
We take a historic look at what discretionary spending households tend to cut during an economic downturn.
The curious case of the missing millions
Over the pandemic millions of people left the labor force. We investigate whether people decided to retire early.
Who is inflation impacting the most?
Middle income consumers are getting hit the hardest by inflation, but real spending on services remains robust.
U.S. consumers traveling abroad again
International travel for U.S. consumers is picking up again, with European countries gaining popularity
Small Business payrolls are growing strongly
Payroll expense per client is up strongly, on the back of increased employment and higher wages.
As we hunt for bearish signs in our data, we are struck by strong momentum in services spending and elevated household deposits
The winding road to retirement
Americans are looking for flexibility in retirement options. Many plan to work and save longer, aided by changes in Washington DC
Are record gas prices biting into consumer purchasing power?
While spending has slowed on goods, services including travel and entertainment remain resilient
Tracking the white-hot labor market
Our data shows younger and lower income job changers are benefiting significantly, but job turnover may be peaking
How will rising rates impact U.S. consumer mortgage, auto loan and credit card debt?
Food security: environmental meets social
A lack of food security can lead to higher prices, acute shortages and ultimately social unrest. What can be done?
Small Business Checkpoint
Small businesses are spending as they emerge from the pandemic, despite declining stimulus support.
The disruptive dozen
The 12 emerging gene and cell therapy technologies with the greatest potential to transform healthcare in the next few years
Web3: Only the first inning
The developing crypto-native ecosystem is accelerating the way in which digital assets are disrupting traditional industries
Housing market: Is this time different?
As inventory and affordability challenges persist, U.S. homebuyers remain determined to achieve their homeownership aspirations
Corporate strategies for net zero
Companies are in a race to net zero and BofA Global Research analysts say more than 9 out of 10 have a clear plan to get there
Addressing scarcity in a transforming world
As scarcity accelerates, we identified 10 transformative thematic solutions and c$8tn of market cap in enablers
Diversity, equity & inclusion: The high cost of slow progress
A lack of DEI is costly for companies, individuals and the advancement of society. Download our DEI publication to learn more.
“Through the Bank of America Institute, we can provide forward-looking thought leadership by leveraging our proprietary data and harnessing the power of our extensive expertise.”