- June 14, 2021
- Posted by: Stratford Team
- Category: Business
Matthew Chester launched Tableaux Wealth, an independent financial advisory practice, last month. Shelley Wojtkowski serves as director of client services. Photo courtesy Tableaux Wealth, taken by Tricia McCormack Photography.
The U.S. economy continues to rebound from the economic collapse brought on by the COVID-19 pandemic.
While travel, entertainment, and financial services spending was down in 2020, these and more industries are finally starting to recover. Personal spending rose 11.3 percent in the first quarter of 2021, caused partially by the distribution of $1,400 stimulus checks included in the American Rescue Plan passed and signed into law early March.
Still, market experts predict a banner summer as vaccines become widely available, states lift COVID restrictions, and countries welcome international tourists.
The pandemic may not have long-lasting effects on how people spend, but it has prompted responsible…
