2 ms·
Personal Savings Rate [1] (we're at 4.5 where as the decade average for pre-covid was 8.5) and Consumer Debt [2] hit a new high in Q3. [1] https://fred.stlouis
by sakopov 3y ago
Personal Savings Rate [1] (we're at 4.5 where as the decade average for pre-covid was 8.5) and Consumer Debt [2] hit a new high in Q3.
[1] https://fred.stlouisfed.org/series/PSAVERT https://fred.stlouisfed.org/series/PSAVERT
[2] https://www.newyorkfed.org/newsevents/news/research/2023/20230515 https://www.newyorkfed.org/newsevents/news/research/2023/202...
- spywaregorilla 3y agoSeems kind of zany to assume this means anything given the enormous spike just slightly to the left imo...