Diversified Trust shares our knowledge on wealth strategies, investing, current financial news and trends.

The savings rate has fallen to 4.4%

Economic Statistics Gone Wild

An important economic statistic is the Personal Savings Rate which is defined as Savings divided by Disposable Personal Income. From the 1960’s through 1982, relatively thrifty Americans consistently saved between 10% and 15% of their incomes. Given a generally strong economy and rising...