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Salon
Salon
Cara Michelle Smith

Uh oh, women's wallets are growing?

It’s a surreal time for American women. On the one hand, the United States just installed a president found liable for sexual abuse; who previously appointed three Supreme Court justices to end federal abortion protections, sending mortality rates for pregnant people skyrocketing; and who halted the Equal Employment Opportunity Commission’s collection of equal pay data during his first term. 

On the other hand, a new report says women’s economic gains have outpaced men’s over the past few years. The report from Bank of America, titled "What’s the Power of a Woman’s Wallet?" analyzed internal customer accounts and federal wage data to glean some macroeconomic insights on men’s and women’s workforce participation, wages and spending habits.

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