As a result, government social benefits accounted for 30%, or $6.3 billion, of personal income in April. That’s up from a monthly average of 17%—or $3.2 billion—in the previous seven months.

Even with this additional cash influx, Americans are spending less due to coronavirus-related restrictions. Personal spending declined by nearly $1.9 trillion, or 14%, in April from the previous month. The industries that were hurt most by the drop were health care, food services, hotels, as well as bars and restaurants.

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