The trend since 2019.
The latest available read: Personal Savings Rate is at 3.0% as of July 2026. Source: FRED · PSAVERT.
Why it matters.
A weak savings rate means less financial cushion for emergencies and retirement, which can force you to rely on credit or debt when things go wrong. It also signals how confident consumers feel about their jobs and finances, which ripples through the broader economy and affects everything from interest rates to job growth.
Where it fits.
Personal Savings Rate feeds the Consumer view — one of the six areas behind the site's Macro IQ score.