Inflows and Outflows

Account inflows dropped sharply in April since the government administration of stimulus payments largely concluded, while outflows trended downward as individuals adjusted their spending accordingly. People considered Financially Vulnerable and those with household incomes under $30,000 experienced the largest significant percentage reductions in inflows over the period of April 1 – June 30, 2021.

Read the Full Report

Understanding the Data

These graphs display trends from the Pulse transactional data set over the period of April 1 – June 30, 2021. Place your cursor over a trend line to view the date, category, median value, 95% confidence interval, and sample size for the given data. Given sample sizes and confidence intervals, these data should be viewed as directional and illustrative in nature. Graph lines are smoothed and may not completely track to daily values.

Total Sample

Financial Health

Household Income


Race and Ethnicity


Measurement Notes

Inflows and outflows from liquid accounts are calculated using totals over a past 30-day rolling period for each day, starting with April 1, 2021. The median of the sample is calculated on each day and lowess smoothing is applied with a 10% smoothing window to generate the trend lines shown in the chart. Liquid accounts include checking accounts, savings accounts, prepaid cards, money market accounts, and cash management accounts that satisfy the inclusion criteria for this data set. Demographic variables (i.e., household income, race and ethnicity, gender, ability, and financial health tier) are determined using data from Pulse surveys. The demographic composition of the sample broadly aligns with the population of the United States using online banking. Click here for a complete methodology overview.

Explore More Transactional Data from Pulse Points Summer 2021

Credit Card Balances

Credit card balances remained consistent over the period of April 1 – June 30, 2021, with a median 30-day balance of about $1,100 per person.

Explore the Data

Account Balances

Liquid account balances trended downward over the period of April 1 – June 30, 2021. This was likely due to individuals spending down high balances, which were caused by stimulus payments and tax refunds.

Explore the Data