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Personal Saving Rate Delayed Consumption

This data post explores historical trends in the personal saving rate in the United States, highlighting significant declines since 1980. By 2000, the rate fell to 38% of its 1980 level. During economic recessions, saving rates tend to increase, with an average of 5.4% noted during the latest recession compared to 4.4% during the recession of 2001. The post encourages readers to calculate and compare their personal saving rate with national averages, providing a practical approach to financial awareness. Updated July 7, 2014.

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Personal Saving Rate Delayed Consumption

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  1. Personal Saving RateDelayed Consumption Date last updated: July 7, 2014 DataPost Federal Reserve Bank of San Francisco Economic Education Group

  2. Saving Rate – Did You Know? Sources: Bureau of Economic Analysis & FRBSF calculations By 2000 personal saving (as a percent of disposable income) had dropped to 38% of its 1980 rate. DataPost http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group

  3. Personal Saving Rate (%) Seasonally adjusted values, Jan. 2000 – May. 2014 DataPost Source: Bureau of Economic Analysis http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group

  4. Annotated Chart NotesPersonal Saving Rate (%)Seasonally adjusted values, Jan. 2000 – May. 2014 During the latest recession, the average saving rate was 5.4% compared to an average 4.4% during the 2001 recession Households often save more during a recession. DataPost Source: Bureau of Economic Analysis http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group

  5. What Do You Think? • What was your personal saving rate last month? • Within a given month, add up all earnings, taxes paid, and expenses to calculate your personal saving rate: • Compare your personal saving rate with the U.S. average in 2012. (Disposable Income – Spending) X 100 Disposable Income DataPost http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group

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