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Americans' personal income shot up 21.1% in March, a record dating back to at least 1946

13 days ago   |   By Business Insider

Passers-by examine a storefront window on Boston's Newbury Street shopping district. Personal income and spending both jumped in March.
Steven Senne, File via AP
Personal income for Americans climbed by 21.1% in March, the Commerce Department said Friday.
It's the highest on record in data that goes all the way back to 1946; spending was up by 4.2%.
The income jump was supported by the $1.9 trillion stimulus signed into law by President Biden.
See more stories on Insider's business page .
Income for American households in March surged by the largest amount ever, fueled by massive fiscal...
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