Asian Spectator


The Times

.

Americans’ personal savings rate is near an all-time low – an economist explains what it means as a potential recession looms

  • Written by Arabinda Basistha, Associate Professor of Economics, West Virginia University
Americans’ personal savings rate is near an all-time low – an economist explains what it means as a potential recession loomsIs Americans' low savings rate a problem?Maneerat/EyeEm via Getty Images

The rate at which Americans are saving money has dipped close to an all-time low, according to the Bureau of Economic Analysis. The personal savings rate was 2.3% as of October, down from 7.3% a year earlier. It’s the lowest since July 2005, when the rate hit a record...

More Articles ...

  1. This course teaches students how to connect with older adults to forge intergenerational bonds and help alleviate loneliness and isolation
  2. Why winter solstice matters around the world: 4 essential reads
  3. How an American magazine helped launch one of Britain’s favorite Christmas carols
  4. Disney's Black mermaid is no breakthrough – just look at the literary subgenre of Black mermaid fiction
  5. Chickenpox and shingles virus lying dormant in your neurons can reactivate and increase your risk of stroke – new research identified a potential culprit
  6. The Jan. 6 committee makes its case against Trump, his allies and their conspiracy to commit an insurrection: Five essential reads
  7. 2022's US climate disasters: A tale of too much rain – and too little
  8. China's lucrative orchid industry is a test for the nation's commitment to conservation
  9. A recipe for trustworthy journalism
  10. What the criminal referral of Trump means – a constitutional law expert explains the Jan. 6 committee action

Magazine

Compressed Air Pipe and Fittings: What Every Australian Industrial Facility Needs to Know

Compressed air is the fourth utility of modern industry, right alongside electricity, gas, and water. Yet despite its critical role in powering everything from pneumatic tools to automated productio...

Common Risks Hidden in Commercial Lease Agreements

Commercial leases are often longer and more complex than tenants expect, and the fine print can carry significant financial and operational consequences over the years that follow. Many business own...

Corporate Secretarial Services in Singapore: Annual Compliance, Key Filings, and Common Mistake

Annual compliance in Singapore should not be treated as a once-a-year administrative event. It is an ongoing governance system that depends on accurate records, timely filings, disciplined approvals...

hacklink hack forum hacklink film izle hacklink z-librarytelegram下载betwoonzlibrary.jojobetสล็อตสล็อตjojobetstakejojobetStreamEastStreamEasthitbet girişsüperbetjojobetjojobetcasino siteleriPadişahbetPadişahbetDizipalStreamEastPadişahbetGalabetmostbetjojobetjojobetcasibommeritkinghttps://chantilly-montessori-school.vercel.app/jojobetbetsmovebetsmovebetsmove