Where People Spent Stimulus Payments – And Where They Didn’t
PYMNTS
SEPTEMBER 9, 2020
The stimulus payments may not have done much to, well, stimulate the economy at large. A recent report by the National Bureau of Economic Research (NBER) finds that recipients of the initial $2.2 Roughly 71 percent of the respondents who answered questions about their income said they earned less than $80,000 annually.
Let's personalize your content