Personal Income Up by Record 21.1% in March

The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income growth roared by 21.1% in in March, the biggest monthly gain on record. It stood at a seasonally adjusted annual rate (SAAR) of $24,207.7 billion. The gains in personal income were largely due to the American Rescue Plan Act, which includes $4,044 billion in… Read More ›