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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 increasin...

Provided by Dow Jones By Harriet Torry Early signs point to an uptick in consumer spending at the start of the year, particularly by lower- and middle-income households receiving payments through the most recent Covid-19 relief package. Spending by consumers who make less than $60,000 a year jumped by more than 20% in the week ended Jan. 10 -- the week after the U.S. Treasury Department began electronically sending stimulus payments of $600 per adult and $600 per child for individuals with adjusted gross incomes under $75,000 -- according to the research group O...

By Harriet Torry Early signs point to an uptick in consumer spending at the start of the year, particularly by lower- and middle-income households receiving payments through the most recent... | February 17, 2021

Jan. 16 The New York Times·Note: Family incomes are based on the average household ZIP code where a consumer lives. Families living in ZIP codes below $46,000 are reported as "low income," and as "high income" in ZIP codes above $78,000. Figures reflect seasonally adjusted consumer spending as reported by Affinity Solutions. When politicians lack clear answers to such questions, policy choices often rely on intuition and political ideology rather than scientific evidence. The indicators that we currently use to guide policy decisions — statistics like gross domestic product and unemploy...

Share it After a year that unfolded unlike anybody's predictions, the retail industry and its analysts are trying to game out what 2021 could look like as COVID-19 continues to surge, vaccines against the disease roll out and anxious consumers pine for life after lockdown.  Vaccines that inoculate against the coronavirus could shift many of the trends that 2020 brought, while some changes are likely to remain in place and accelerate as the U.S. and the world try to build a new normal. Categories that downshifted during the pandemic could see "strong" demand this year, including apparel, beau...