Savings Rate Doubles from 2007-2009
{ Posted on Nov 21 2009 by Jordan }
The Great Recession has had such an impact on people’s lives that since 2007 the American savings rate has now doubled, and some analysts predict that they could nearly triple again, setting the stage for a full blown capital-fueled recovery.
Three Percent
The personal savings rate now stands at 3% as people cut back to [...]
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