How Utahns Spent Their Federal Stimulus Checks

July 05, 2021 (KUER)

Since the start of the pandemic, the federal government has issued three different rounds of stimulus checks to Americans. According to a recent analysis by the Utah Foundation, a nonpartisan research organization, Utahns were more likely to put that money into savings than people living in other states. The study found 11% of Utahns surveyed used their stimulus checks for savings or investments, compared to 7% nationally. Generally, though, residents of the Beehive State spent money similarly to the rest of the country on things like food, rent and debt payment. — Emily Means

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