Personal saving rate in the United States from June 2015 to August 2017

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Personal saving rate
Jun 156.3%
Jul 156%
Aug 156%
Sep 156%
Oct 156.3%
Nov 156.1%
Dec 155.8%
Jan 165.9%
Feb 165.5%
Mar 165.7%
Apr 165.5%
May 165.4%
Jun 165.1%
Jul 165.1%
Aug 164.9%
Sep 164.5%
Oct 164.1%
Nov 163.7%
Dec 163.2%
Jan 173.7%
Feb 174.1%
Mar 173.9%
Apr 173.7%
May 173.9%
Jun 173.7%
Jul 173.6%
Aug 173.6%
© Statista 2017

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About This Statistic

The statistic presents the personal saving rate in the United States from June 2015 to August 2017. Personal saving rate is calculated as the ratio of personal saving to disposable personal income. In August 2017, the personal saving rate in the U.S. amounted to 3.6 percent.

Personal savings - additional information

Saving refers to strategies of accumulating capital for future use by either not spending a part of one’s income or cutting down on certain costs. Saved money may be preserved as cash, put on a deposit account or invested in various financial instruments. Investing usually incorporates some level of risk which means that part of the invested money can be gone. The example of a relatively safe investment would be saving bonds, debt securities issued by the U.S. Department of the Treasury.

The personal saving rate in the United States amounted to 5.4 percent in 2016, as opposed to 12.9 percent in 1970. The personal savings in the United States amounted to just over 800 billion U.S. dollars in the fourth quarter of 2016.

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