US Saving Rate Highest in 16 Years
The US Personal Saving Rate just hit 6.9%:
The last time it was higher was in December 1993:
Savings are crucial to economic progress and prosperity. For the first time in decades Americans have realized this and are turning the tide. This is in line with ongoing Delevaraging, Contraction, Imploding Consumer Credit & Increased Saving.
Related posts:
- Delevaraging, Contraction, Imploding Consumer Credit & Increased Saving – The Long Term Outlook
- Please signup to the Email Newsletter!
- Unemployment Rate at 16.5%
- Saving the X Industry
- When the Bills Come Due – Public Debt Interest in 2010 and the Following Years
- 8 Years Later – Most Republicans Now Realize Iraq War Was a Mistake
- California Legistlature Seeks to Introduce Internet Tax
- Announcing AuditTheFed.com
- Blog issues
- The Great Credit Contraction & Deflation
Comments
Leave a Reply
Community Activity- Kent Neal became a registered member September 3, 2010
- Cory Shelton wrote a new blog post: Welcome to my new blog! September 3, 2010
- Frederick Lawson wrote a new blog post: Whelan eager to make up for World Cup misery September 2, 2010
- Frederick Lawson wrote a new blog post: Cunningham fitness boost for Saints September 2, 2010
- Frederick Lawson wrote a new blog post: News Roundup: 'Glee' Promo Teases Relationship Drama, 'Buffy' Star ... September 2, 2010
Recommended Books
-
