Home optimism peaks in March

According to a final estimate by the University of the United States, millions of Americans have been issued U.S. checks. Consumer confidence improved significantly in March, reaching a much higher level than expected. Michigan released Friday.

The index rose to 84.9 points from 76.8 in February. This is better than analysts (83.6 points) expected. In addition to the financial incentives of the Biden administration, the full-scale Govt-19 vaccination campaign in the United States is making homes more confident. In March, the appraisal of the current economic situation and expectations improved significantly, from 93.2 against 86.2 and 79.7 against 70.7, respectively.

Two weeks ago, Congress approved a massive $ 1.9 trillion bailout. Moreover, in the process, the Biden administration began issuing 4,400 checks to millions of people. Wednesday, U.S. The Treasury Department announced that tax services provided about $ 37 million in additional payments, bringing the total payments under the U.S. Recovery Program to about $ 127 million, valued at about $ 327 billion.

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