Comment on Savings Rate Increases: Americans Saving More In Weak Economy

Savings Rate Increases: Americans Saving More In Weak Economy

The recession has caused a seismic shift in the consumer culture, converting die-hard spenders into savers. A growing number of people, either smarting from a job loss or spooked by the financial crises of others, are scrambling to get out of debt, establish emergency funds, and add to their retirement and savings accounts. More on Financial Crisis

 

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