HomeWorldEconomyAlarm bells are ringing for some Americans, as recently issued data finds that the U.S. personal savings rate has plummeted to just 2.9%, a level seen only twice since 2007.
Alarm bells are ringing for some Americans, as recently issued data finds that the U.S. personal savings rate has plummeted to just 2.9%, a level seen only twice since 2007.
September 13, 2024
Alarm bells are ringing for some Americans, as recently issued data finds that the U.S. personal savings rate has plummeted to just 2.9%, a level seen only twice since 2007.
1 comment
Consumer debt is high too. No real surprise, inflation outstripped wage growth significantly for 3- 4 years.