Open Report:Bespoke – Unemployment Spending PowerKey Takeaways:
- Consumers on unemployment have mostly noticed $600 boost.
- Consumers on unemployment mostly say that the check is greater than what they were paid by their most recent job.
- Those on unemployment who noticed checks being greater than normal lean toward saving more than spending, but it is not ALL being saved.
- Consumers on unemployment who have noticed their unemployment checks being greater than normal exhibit greater confidence in discretionary spending and a higher likelihood of having bought something from a variety of retailers in the past month.
- The stimulus check provided some lift, but not as much as the boost in unemployment check amounts.
Key Charts:
![](https://ci5.googleusercontent.com/proxy/bWBmCoXkh2k7SYQB7uivLelefIgcB31ey9wk7FXsOcmdOOKVJXUOUPmoMA-djDVMmeICDIymWVup6WpZdxHsmT1eyqS-oXRHN_RyhimxWM6J=s0-d-e1-ft#https://bespokeintel.com/wp-content/uploads/2020/05/Macro1.png)
![](https://ci4.googleusercontent.com/proxy/bcxNMESFC5_FmNdOg6E1vdEhBbacE6bYQvlWWcPEb9z1GXeZ8V7XqNsZQcKTxXEa81ynvqS0FGr0rxy91zxFDeR73pb0WVClhcB7VBl5EfcL=s0-d-e1-ft#https://bespokeintel.com/wp-content/uploads/2020/05/Macro2.png)
![](https://ci4.googleusercontent.com/proxy/rUqiJCvO0sG3p6s8e_owDLBd9Xj-q5LO3hlcZuy5QK9-XSTry7v5iZ5x76Z9RlqdZURJAdJVJwcaZfKE2CMCGOU5jyAhmZX9b-UUOT41lddm=s0-d-e1-ft#https://bespokeintel.com/wp-content/uploads/2020/05/Macro3.png)
![](https://ci5.googleusercontent.com/proxy/0-py7luR72-1SA8ZMn_t7Pf-aKUNWM8Bd47E_PtIQ7c6wHarAF4CSplHifzt4y8aRWGmgkBSQeZt8MroJeoMEv0g0HmrB_bVRo8EZZF7qs0o=s0-d-e1-ft#https://bespokeintel.com/wp-content/uploads/2020/05/Macro4.png)