8594986811

Exhibit 3: Seven Weeks After the $600 Extra Unemployment Benefit Lapsed. Consumer Spending Is Still Creeping Higher

Percent of February Level

Percent of February Level

Alternative Measures of Consumer Activity

Exłra S600 Unemployment Benefit Ends

105

105

85 J 80 75 70

Mar-1

Mar-22

Apr-12

May-3

—    Opportunity Insights Ali Consumer Spending

Google Communifr/ Mobility lndex: Retai. Transit, and Work. 7dma    30

Second Measure. PCE-weighted

—    Foursguare. PCE-v/eighted    75

—    SafeGraph PCE-weighted

____{Average    7Q}

May-24 Jun-14 Jul-5 Jul-26 Aug-16 Sep-6

Notę: Dotled lines denote projections based on growth of other senes Ali measures rescaled to actual real PCE spending.

Source: Opportunity Insights. FourSquare. Google ILC “Google C0V1D-19 Community Mobility Reports*. Second Measure Data Points Błog. www.s3fegr3ph.com/. Goldman Sachs Global lnvestment Hesearch