Last April, Americans received an unprecedented economic stimulus payment in the form of a $1200 check. Since then the topic has remained relevant.
LikeFolio data shows that chatter related to stimulus payments has been trending higher since the start of 2021.
Although total volume is still lower than in the months following the first payments last year, another $1400 is slated to be released to the public soon, and we're expecting to see new highs for this trend as a result.
The key moving forward: watching to see how and where consumers spend these payments. We'll be monitoring for potential surprises.