U.S. Consumer Spending Jumps 4.2% In March

The video discusses the encouraging economic recovery of the country post-COVID-19, highlighting a 6.4% increase in GDP in the first quarter. This growth is attributed to the easing of restrictions, increased vaccination efforts, and the distribution of $1400 relief checks, which boosted consumer spending beyond necessities.

What effect did the rollback of restrictions have on the economy as per the text?

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What financial assistance was mentioned that may have influenced consumer spending?

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