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US savings rate actually dropped to a 12 yr low recently https://www.marketwatch.com/story/why-the-savings-rate-falling-to-a-12-year-low-is-not-a-death-knell-fo
by dmode 9y ago
US savings rate actually dropped to a 12 yr low recently https://www.marketwatch.com/story/why-the-savings-rate-falling-to-a-12-year-low-is-not-a-death-knell-for-the-us-economy-2018-01-29?mg=prod/accounts-mw https://www.marketwatch.com/story/why-the-savings-rate-falli...
- refurb 9y agoThanks for sharing that. Considering the noise in that chart (savings rate drops from 11% to 5% in one month?!?), I would question whether it's really a trend and how accurate the data is. One of my pet peeves with economic data - some leading indicator plummets after being high for years. Mass panic in news headlines, only for it to return to normal the next month.