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Justin Sullivan / Getty Images Originally published on April 30, 2021 5:28 pm From iPads to dresses, Americans flush with cash are stepping up their spending, helping turbo-charge the U.S. economy. The Commerce Department reported Friday that personal income jumped 21.1% in March the largest increase on record as the government sent out $1,400 relief payments as part of the $1.9 trillion coronavirus rescue effort. Personal spending also jumped by 4.2%. The stimulus checks arrived at a time of rising hope as coronavirus vaccines continue to roll out. And spending is also increasing from wealthier Americans, even as many continued to squirrel money away towards their savings.

United statesJonathan silverCommerce departmentAffinity solutionsDiane swonkஒன்றுபட்டது மாநிலங்களில்ஜொனாதன் வெள்ளிவர்த்தகம் துறைஇன உறவு தீர்வுகள்