Americans Spending $765 More A Month With Joe Biden...

Between dining out and taking trips, Americans are now spending an average of $765 more a month compared with last year when much of the country was shut down due to the coronavirus pandemic, according to the MassMutual Consumer Spending & Saving Index.

Young adults, in particular, are determined to make up for lost time. Millennials and Gen Z, who reported feeling the financial impact from the rise in reopenings and social gatherings, said they are shelling out $1,016 more a month, on average, than they did during summer of 2020. MassMutual polled 1,000 U.S. adults from July 21 to 28.

Many Americans plan to spend even more in the weeks ahead as schools and offices reopen...

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