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Rescue checks

COVID-19

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

by Nancy Marshall-Genzer
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.
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