Personal incomes are up, but it won't last

Aug 28, 2020
Federal data for July caught the tail end of the $600 a week in additional federal unemployment insurance just before it expired.
An activist in Las Vegas tapes a sign to her car in support of extending the $600 weekly unemployment benefit, which expired at the end of July.
Bridget Bennett/AFP via Getty Images

Incomes rose in April, but only because of government relief payments

May 29, 2020
The Bureau of Economic Analysis reports that personal income rose by 10.5% in April. But without government relief payments, it would have fallen by roughly 5%.
President Trump signs the CARES Act in March. Personal income rose last month mainly due to the relief payments included in the act.