debt

Americans Saved Less Money Last Month

In September, consumers spent more but made less than expected. As a result, the national savings rate dropped to 3.6%, which is the lowest level it has been since the beginning of the recession. And that has some people nervous.

Good News: Americans Saved Less Money Last Month


In September, consumers spent more but made less than expected. As a result, the national savings rate dropped to 3.6%, which is the lowest level it’s been since the beginning of the recession. And that has some nervous. The popular economics blog Calculated Risk blog had this to say:

Spending is growing faster than incomes – and the …

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