Institution

Bank of America Institute Research Hub

Explore in-depth economic analysis and institutional research from the Bank of America Institute on Finvaulta. This hub provides access to expert-led documentation, including the Seventeenfold Gap report, to help you navigate complex market trends.

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The Seventeenfold Gap

Bank of America Institute·May 13, 2026

While April 2026 consumer spending nominally grew 4.8%, this masks a stark 'K-shaped' divergence where high-income wage growth vastly outpaces cost-of-living increases while low-income households are squeezed by inflation.