The trend since 2019.
The current read: Personal Savings Rate is at 3.0% as of May 2026. Source: FRED/BEA via Indicators IQ.
Why it matters.
A low savings rate means households have less cushion for emergencies or unexpected costs, which can force people to rely on credit cards or debt when trouble hits. It also signals consumers are stretched thin, which could limit their ability to spend freely if the economy weakens.
Where it fits.
Personal Savings Rate feeds the Consumer view — one of the six areas behind the site's Macro IQ score.