4 ms·

The personal saving rate has dropped a bit. https://fred.stlouisfed.org/series/PSAVERT https://fred.stlouisfed.org/series/PSAVERT

• voidfunc 2y ago
  What does this measure exactly? Money in savings accounts or all assets of a person? Does this account for investments and stuff that is not traditionally thought of as savings but is very popular because of returns of traditional savings accounts?
  • technothrasher 2y ago
    "Personal saving is equal to personal income less personal outlays and personal taxes; it may generally be viewed as the portion of personal income that is used either to provide funds to capital markets or to invest in real assets such as residences."
  • cma 2y ago
    At the bottom of the page it says: Frequency: Monthly Personal saving is equal to personal income less personal outlays and personal taxes; it may generally be viewed as the portion of personal income that is used either to provide funds to capital markets or to invest in real assets such as residences.
• baron816 2y ago
  *saving rate
• TeaBrain 2y ago
  Besides June of 2022, the savings rate is the lowest since 2008.