The Saving Rate Is Still High: Evidence On The Post-Pandemic Economy – Analysis

Eurasia Review

Published

An important item in the GDP report released this week, that received little attention, is that the saving rate is still well above the pre-pandemic level. For the second quarter as a whole the saving rate was 10.9 percent. If we just look at the month of June alone, the last month in the quarter, the rate was still 9.4 percent....

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