by Allison Nicole Smith | Mar 29, 2021 | Featured, Personal Income
Waning federal aid and severe winter storms curtailed spending last month, but Americans are poised to reopen their wallets as vaccinations progress and more stimulus money lifts household incomes. Consumer spending dropped 1 percent in February, slightly more than...
by Allison Nicole Smith | Mar 1, 2021 | Featured, Personal Income
Pandemic relief lifted U.S. household incomes to historic heights, and consumers boosted retail spending to its largest increase in seven months, signaling early signs of economic recovery. Household income spiked 10 percent in January, the Commerce Department...
