Press Release - President Biden's Economic Plan is Working as New Data Reveals Personal Incomes Are Up in All 50 States & DC

New data from the Bureau of Economic Analysis shows that personal income rose in all 50 states and DC in Q1 – thanks largely to relief provided in the American Rescue Plan. This is in sharp contrast to Q4 of 2020, when personal income fell in 27 states and DC. At an annual rate, state personal income increased 59.7% in the first quart of 2021, after decreasing 3.9% in the fourth quarter of 2020. The percent change in personal income ranged from 89.3% in Mississippi to 31.1% in the District of Columbia.

What does this mean? Thanks to President Biden's American Rescue Plan millions of Americans are getting back to work, the coronavirus is getting under control, and the economy is booming.

President Biden's economic plan is working.