Personal Saving Rate
|June 2020||19.2 %|
|May 2020||24.6 %|
The U.S. personal saving rate is personal saving as a percentage of disposable personal income. In other words, it's the percentage of people's incomes left after they pay taxes and spend money.
- Current Release: August 28, 2020
- Next Release: October 1, 2020
What is the Personal Saving Rate?
Income left over after people spend money and pay taxes is personal saving. The personal saving rate is the percentage of their disposable income that people save. This rate is followed to learn about Americans' financial health and to help predict consumer behavior and economic growth.