• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms
  • Community Reviews

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Personal Income Down 13.1% in April as Less Social Benefits Released. Spending Posts Modest Growth

May 28, 2021 by Forex Winner Leave a Comment

Personal Income Down 13.1% in April as Less Social Benefits Released. Spending Posts Modest Growth

Personal income in the United States fell by $3.21 trillion in April as the government released less social benefits during the month, the Department of Commerce reported.

  • Personal income fell 13.1% month-on-month in April after recording a 20.9% growth in March.
  • Disposable personal income dropped 14.6% or $3.22 trillion after March’s 23.4% increase.
  • Economic stimulus released to Americans continued in April but at a lower level than the previous month.
  • A decline was also reported in unemployment insurance after a drop in payments from the Pandemic Unemployment Compensation program.
  • Personal spending posted growth of 0.5%, equivalent to $80.3 billion. Spending grew 4.7% in March.
  • Spending for services increased by $112.6 billion in April, but was partly offset by the $32.3-billion decrease in spending for goods.
  • Growth drivers were spending for recreation services and food services and accomodations.
  • Downers were recorded in nondurable goods led by food and beverages.
  • Personal outlays rose $82.8 billion, while personal saving stood at $2.81 trillion to bring the personal saving rate at 14.9%.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Man charged in New York with 3-week kidnapping to try to steal Bitcoin

May 30, 2025

Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026

May 29, 2025

Second suspect in New York bitcoin kidnapping surrenders to police

May 28, 2025

Footer

Forex Broker Reviews

Traders Connect Review

May 18, 2023 By Forex Winner

Intertrader

Intertrader Review

June 5, 2019 By Forex Winner

hycm

HYCM Review

September 9, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Shandor Brenner

FundedNext Review

August 16, 2023 By Shandor Brenner

Topstep Forex Review

August 14, 2023 By Shandor Brenner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2025 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure