U.S. Personal Savings Rate History

August 4th, 2014
in econ_news, syndication

Extra Edition Chart of the Week 02 August 2014

Written by , Online Trading Academy

The personal savings rate in the U.S. has varied from near zero (actually less than zero briefly during the Great Depression) to a high near 13%, with exception of spikes much higher during the two world wars.  The average over the period 1900-2013 has been 8.5%.  Since 1985, the exception of 1992, the savings rate has been below the 114 year average and currently is slightly below 5%.

Personal savingss are discussed in video following the Read more >> jump.

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Source: YouTube

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