KUOW - Flush With Cash, Americans Are Buying Everything From iPhones To Teslas
Flush With Cash, Americans Are Buying Everything From iPhones To Teslas at 3:12 pm NPR 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 â 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 spen...