Personal Savings Rate

The Personal Savings Rate is a statistic released by the Bureau of Economic Analysis which is an indicator of how much of their money Americans are hanging on to. The amount of personal savings is determined by taking the Disposable Personal Income minus personal spending (interest payments, personal consumption expenses, and transfers). That amount is then expressed as percentage of disposable income, so a Personal Savings Rate of 4.6% means that only 4.6% of disposable income is being saved.

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