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Stimulus Boosted Americans' Income by 21% in March -- Will There Be More?

·3 min read
Stimulus Boosted Americans' Income by 21% in March -- Will There Be More?

In fact, personal incomes rose 21.1% in March, according to the Bureau of Economic Analysis. In mid-March, the $1.9 trillion American Rescue Plan was signed into law, and it included a third round of stimulus checks worth $1,400 apiece. This was likely due both to improvements on the pandemic front as well as the aforementioned stimulus package.