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Consumer Spending Stalls, People Are Saving Their Money
By Meg Marco on August 3, 2010 12:45 PM
62 Comments
When consumer spending stalls it's bad for the economy — but on the other hand it seems that people are saving money and paying down debt. More »
Your Piggy Bank Is Happy: Savings Rate At 14-Year High
By Meg Marco on March 2, 2009 3:59 PM
73 Comments
—>Americans took their cost of living raises and stuck them in their piggy banks, says the Commerce Department, pushing the savings rate to a 14-year high. Not long ago we had a savings rate of 0.1% — now it has skyrocketed to 5%. More »
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