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Stories Tagged as

Saving rate

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.
Howard Huang/Getty Images
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Americans are saving little — while they spend up a storm

by Samantha Fields
Dec 1, 2022
The personal saving rate declined in October to its lowest point since 2005. "A lot of people are close to the edge, unfortunately," an analyst says.
Consumers are increasingly dipping into their savings to pay for things — including basic expenses.
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