Investor Presentaiton
Personal Income Growth, 1st Quarter 2021,
cont.
Increase in transfer receipts primarily reflected
increases in state unemployment insurance
compensation and in all other transfer receipts.
State unemployment insurance compensation
was boosted by a temporary $300 increase in
weekly benefits provided by ARPA.
Increase in all other transfer receipts includes:
$600 economic impact payments to
individuals provided by the CRRSA Act
$1400 economic impact payments
provided by ARPA
Dollar Change in Personal Current Transfer Receipts and Selected
Components, United States, 2020:Q4-2021:Q1
(Billions of dollars)
Medicaid Payments
12.0
Social Security Benefits
18.0
Medicare Benefits
19.5
State Unemployment Insurance Compensation
All Other Transfer Receipts
247.5
SOURCE: U.S. Bureau of Economic Analysis (BEA)
Transfer Receipts
10
6
1,960.90
2,237.9View entire presentation