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Pandemic savings

Americans are spending a lot and not saving much. Economists aren't too worried. Yet.

by Caleigh Wells
Aug 30, 2024
One reason? Savings rates are coming down from a high early in the pandemic, when many Americans were able to hold on to extra cash.
With wage growth, falling inflation and increased consumer spending in the U.S. — signs of a strong economy — is a low savings rate cause for alarm?
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Americans have blown through excess pandemic savings. What does that mean for the economy?

by Caleigh Wells
May 8, 2024
We've spent the $2.1 trillion that two San Francisco Fed economists say we saved during the pandemic.
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All those pandemic savings? They might already be gone

by Sabri Ben-Achour
Sep 28, 2023
People in the U.S. saved an estimated $2.1 trillion at one point in the pandemic. By some estimates, that money's pretty much gone.
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