Current US Personal Saving Rate: 4.90% (-3.9% vs last year)
Apr 2025
| Historical average: | 8.4% |
The U.S. Personal Saving Rate is a key economic indicator that shows how much money households are saving as a percentage of their disposable income (after taxes).
Includes money that:
- Goes into a bank account
- Is used to pay off debt (like credit cards or student loans)
- Is invested (stocks, retirement accounts, etc.)
Does not include:
- Mortgage principal payments (in government stats)
- Unrealized capital gains
A high saving rate → People are cautious, not spending as much (often during recessions). Low saving rate → People are confident and spending more (can drive growth… or bubbles). It gives insights into consumer confidence, household financial health, the sustainability of consumer-driven GDP and how much money is going into stocks.
- US Bureau of Economic Analysis.
Sources: