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Bureau of Economic Analysis: Personal Income and Outlays, December 2020

From the U.S. Department of Commerce, Bureau of Economic Analysis, released January 29, 2021...


Personal income increased 0.6 percent (monthly rate) while consumer spending decreased 0.2 percent in December as many provisions of the CARES Act continued to wind down before the Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act was enacted on December 27, 2020. Additionally, new restrictions and closures took effect in some areas of the United States.


The full text of the release on BEA's website can be found at:

https://www.bea.gov/news/2020/personal-income-and-outlays-december-2020


The Bureau of Economic Analysis provides this service to you at no charge. Visit us on the Web at www.bea.gov. All you will need is your e-mail address. If you have questions or need assistance, please e-mail customerservice@bea.gov.


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