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- Claim Text
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Aditya Bhave, an economist at Bank of America, said he will be paying particular attention to spending on discretionary services, such as air travel and hotel stays, for signs of whether consumers are pulling back or powering ahead.
- Simplified Text
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Aditya Bhave will watch discretionary service spending for consumer behavior signs
- Confidence Score
- 0.800
- Claim Maker
- Aditya Bhave
- Context Type
- News Article
- Context Details
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{ "date": "2025-07-30", "focus": "Discretionary service spending", "title": "Economist", "person": "Aditya Bhave", "organization": "Bank of America" } - Subject Tags
- UUID
- 9fdae129-ef0b-487b-a9f0-204aab853324
- Vector Index
- ✗ No vector
- Created
- September 11, 2025 at 8:58 PM (3 days ago)
- Last Updated
- September 11, 2025 at 8:58 PM (3 days ago)
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3 days ago
https://www.nytimes.com/2025/07/30/business/us-economy-grew-in-second-quarter-as-tariffs-scrambled-data.html
US economic growth slowed in the first half of 2025 due to tariffs impacting trade and consumer spending. GDP rebounded in Q2, but underlying growth remained weak.
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