$100 bills laying in stacks fresh after being printed. Photo: Mark Wilson/Getty Images

American consumers increased their spending by .4% in March after a relatively low spending first quarter, with no gain in February and a .2% increase in January, reports AP.

The big picture: Growth rates dipped below 3% after the first quarter but could rise again after this influx in spending. Consumer spending accounts for 70% of economic activity in the country and an increase in spending means growth for the economy.

The details: The decrease in spending plus bonuses made available from President Trump's latest spending bill allowed Americans to spend more at the end of the quarter, per Bloomberg.

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Viral load is a puzzle in COVID-19

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How sick a person gets from a virus can depend on how much of the pathogen that person was exposed to and how much virus is replicating in their body — questions that are still open for the novel coronavirus.

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Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 4 p.m. EST: 32,048,333 — Total deaths: 979,454 — Total recoveries: 22,025,324Map.
  2. U.S.: Total confirmed cases as of 4 p.m EST: 6,962,333 — Total deaths: 202,467 — Total recoveries: 2,670,256 — Total tests: 97,459,742Map.
  3. Health: Cases are surging again in 22 states — New York will conduct its own review of coronavirus vaccine.
  4. Business: America is closing out its strongest quarter of economic growth.
  5. Technology: 2020 tech solutions may be sapping our resolve to beat the pandemic.
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