How stretched is the American consumer?

America's personal savings rate falls to 2.6%, lowest since 2008 financial crisis

America's personal savings rate dropped to 2.6% in April 2026, a level not seen since the 2008 financial crisis. While consumer spending has

US personal savings rate falls to 2.6%, lowest since 2008 financial crisis

America's personal savings rate dropped to 2.6% in April 2026, its lowest level since the 2008 financial crisis, raising concerns that consu

Consumer savings rate plunges to 2.6% as flat income growth and rising energy costs strain household budgets

Consumer spending rose 0.5% from March to April 2024, but income growth was flat (0%) against a 0.4% forecast. The personal savings rate dro

Dwindling Savings Are the US Economy’s Achilles’ Heel

U.S. personal savings rate drops to 2.6% as inflation outpaces wage growth

The personal savings rate in the U.S. fell to 2.6% in April 2024, the lowest level since 2022, as inflation continues to outpace wage growth

Consumption Sensitivity of Uncertain Households