The Top 9 Ways Americans Are Spending Their Stimulus Money
Earlier this year, in response to the COVID-19 pandemic, Congress approved stimulus payments to citizens across the country through the CARES Act. It’s one of the many ways the government is attempting to help people during the coronavirus pandemic.
So, how did people spend their stimulus? The U.S. Bureau of Labor Statistics conducted a household survey to determine how recipients spent or planned to spend their stimulus money.
Respondents were allowed to choose more than one option for spending their stimulus check. Here are the most commonly cited ways Americans are using their stimulus money.
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, Money Talks News reports