There is one thing on Amber Colon’s mind in the coming days, her birthday trip to Universal and Disney World in Orlando, Fla. Like most Americans, Colon spent her first two stimulus checks on paying off her credit card bills and using it to support herself. However, the 23-year-old is […]
The March advance retail sales report will offer a gauge of consumer confidence in the economic reopening as the U.S. gets a hold on the coronavirus pandemic with rampant vaccine distributions. Here are five things to watch in the monthly report out Thursday at 8:30 a.m. Eastern time: STIMULUS CHECKS […]
“It suggests that consumers are in a generally good shape, we’ve had the fiscal stimulus checks now for those at the lower end of the income spectrum,” Scott Brown, chief economist at Raymond, James and Associates Inc.
“If households have more resources to spend, it clearly seems like they will spend them”- Michael Gapen