business
Bank of America report says 'funflation' is hitting hobby spending
Hobby spending rose 7.9% year over year as funflation drives up prices at arts and crafts stores, hobby shops and outdoor recreation retailers, a new report finds.
A new report from the Bank of America Institute finds that American consumers are spending more on their hobbies but are facing higher prices for their enjoyment.
The report notes that Bank of America card data suggests consumers are facing "funflati... [3828 chars]
Read Full ArticleShare this story
Up next
Related Stories
UK Prime Minister Burnham says Iran 'played a part' in British air base incident
cnbc.com
Piyush Goyal gets a ‘trade minister for life’ tag from US trade chief at G20
timesofindia.indiatimes.com
Trump touts $200 billion South Korean investment plan as Alaska LNG project hangs in balance
cnbc.com
Cornell rape case: Prosecutor says he wasn't given transcript of Jane Doe's interview with campus police; university agrees to independent investigation, New York governor says
yahoo.com
Passengers and crew foil co-pilot's apparent attempt to crash FlyDubai flight to Israel
cnbc.com