In 2019, among American families who managed to save, the main driver for saving was liquidity, indicated by 38.1 percent of the respondents. By contrast, only fiver percent of families responded that they were saving to purchase their own home.
Drivers for saving among families in the United States from 2010 to 2019
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Household savings
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College savings
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Retirement savings
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Saving practices
6
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Impact of the economy on savings
5
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Federal Reserve. (November 17, 2020). Drivers for saving among families in the United States from 2010 to 2019 [Graph]. In Statista. Retrieved June 05, 2023, from https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/
Federal Reserve. "Drivers for saving among families in the United States from 2010 to 2019." Chart. November 17, 2020. Statista. Accessed June 05, 2023. https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/
Federal Reserve. (2020). Drivers for saving among families in the United States from 2010 to 2019. Statista. Statista Inc.. Accessed: June 05, 2023. https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/
Federal Reserve. "Drivers for Saving among Families in The United States from 2010 to 2019." Statista, Statista Inc., 17 Nov 2020, https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/
Federal Reserve, Drivers for saving among families in the United States from 2010 to 2019 Statista, https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/ (last visited June 05, 2023)
Drivers for saving among families in the United States from 2010 to 2019 [Graph], Federal Reserve, November 17, 2020. [Online]. Available: https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/