BEA News: Personal Income and Outlays, March 2021

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Personal income increased $4.21 trillion, or 21.1 percent at a monthly rate, while consumer spending increased $616.0 billion, or 4.2 percent, in March. Economic impact payments established by the American Rescue Plan Act of 2021, which was enacted on March 11, 2021, were distributed.

The full text of the release on BEA’s website can be found at: www.bea.gov/news/2021/personal-income-and-outlays-march-2021

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