The savings rate in the United States is just 0.1% above its all-time low going back to 1959! In yet another significant drop, the savings rate reached just 2.3% in October. While that represents the lowest rate since 2005, it is only 0.1% above the lowest rate recorded in the past 63 years! If the […]
Savings Rate Nears 65-Year Low, Signalling Pivot on Horizon
