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BofA CEO: 2026 World Cup Adds $20 B to U.S. Economy

7/22/2026

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Story summary
  • Bank of America CEO Brian Moynihan said the United States got a $20 billion boost from the 2026 FIFA World Cup.
  • He added that the $20 billion is about half of the $40 billion global economic activity the tournament generated.
  • The bank’s July report showed credit-card and debit-card spending rose 6.3 percent, the strongest gain in four years.
  • Fan spending in June reached $1.2 billion, generating a $2.1 billion impact and $228 million in tax revenue.