Pandemic aid created the biggest jump ever in US disposable income ...Middle East

Quartz - Economy
Pandemic aid created the biggest jump ever in US disposable income
source : Quartz ( Middle East ) () 32
The disposable income of Americans rose by 67%, compounded annually, during the first quarter of 2021—the largest such jump ever recorded. But this wouldn’t have happened without the pandemic relief bills passed in December and March, which disbursed relief payments and topped up unemployment benefits.New data for the quarter, released by the Bureau of Economic Analysis, showed that the US government’s stimulus payments almost wholly accounted for a $2.36 trillion bump in personal disposable income in the first quarter of 2021, even as wages from work stayed nearly flat through that period. Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

Hence then, the article about pandemic aid created the biggest jump ever in us disposable income was published today ( ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Pandemic aid created the biggest jump ever in US disposable income )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

First-of-its-kind data shows Americans’ electricity was shut off 13 million times

before 14 minute

U.S. Sanctions Zigzag in New World of Economic Warfare

before 16 minute

HOYA BIT wird weltweit erste von BSI nach ISO 14068-1 zertifizierte klimaneutrale Kryptobörse

before 4 hours & 53 minute

The Strait of Hormuz May Reopen, But the System Has Already Broken

before 10 hours & 24 minute

Dangote at Full Throttle as Nigeria Becomes a Net Fuel Exporter

before 12 hour & 23 minute

Jtibot presenta su innovadora solución autónoma de barrido exterior en Interclean Amsterdam 2026

before 13 hour & 52 minute

America’s Geothermal Breakthrough Could Unlock a 150-Gigawatt Energy Revolution

before 14 hour & 25 minute

A New Solar Breakthrough Could Make Wood Part of the Energy Grid

before 16 hour & 37 minute

U.S. States Retreat From Climate Goals as Costs Surge and Federal Support Fades

before 18 hour & 36 minute

Senate panel schedules vote to advance Warsh as Powell probe dropped

before 19 hour & 43 minute

Africa: Ruto Urges Africa to Mobilise Domestic Capital, Warns Foreign Funding Delays Infrastructure Projects

before 20 hour & 58 minute

Japan announces release of additional Oil reserves starting in early May

before 22 hour & 34 minute

Petroleum minister, Elsewedy Electric CEO probe Ain Sokhna phosphate project

before 22 hour & 53 minute

Don’t tell your AI chatbot these 5 things to keep your money safe

2026-4-25

Pony.ai Announces New Generation Autonomous Driving Compute Platform Built on NVIDIA DRIVE Hyperion

2026-4-25