The monthly personal saving rate in the United States fluctuated considerably during the COVID-19 pandemic. During the year 2020, households' saving rate in the United States peaked in April at 33.8 percent. As of October 2022, personal savings in the United States amounted to 2.3 percent of Americans' disposable income, back to pre-pandemic levels.
Monthly personal savings rate as a share of personal income during coronavirus (COVID-19) in the United States from October 2020 to October 2022
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BEA. (November 26, 2022). Monthly personal savings rate as a share of personal income during coronavirus (COVID-19) in the United States from October 2020 to October 2022 [Graph]. In Statista. Retrieved January 24, 2025, from https://www.statista.com/statistics/1219205/monthly-personal-saving-rate-united-states/?__sso_cookie_checker=failed
BEA. "Monthly personal savings rate as a share of personal income during coronavirus (COVID-19) in the United States from October 2020 to October 2022." Chart. November 26, 2022. Statista. Accessed January 24, 2025. https://www.statista.com/statistics/1219205/monthly-personal-saving-rate-united-states/?__sso_cookie_checker=failed
BEA. (2022). Monthly personal savings rate as a share of personal income during coronavirus (COVID-19) in the United States from October 2020 to October 2022. Statista. Statista Inc.. Accessed: January 24, 2025. https://www.statista.com/statistics/1219205/monthly-personal-saving-rate-united-states/?__sso_cookie_checker=failed
BEA. "Monthly Personal Savings Rate as a Share of Personal Income during Coronavirus (Covid-19) in The United States from October 2020 to October 2022." Statista, Statista Inc., 26 Nov 2022, https://www.statista.com/statistics/1219205/monthly-personal-saving-rate-united-states/?__sso_cookie_checker=failed
BEA, Monthly personal savings rate as a share of personal income during coronavirus (COVID-19) in the United States from October 2020 to October 2022 Statista, https://www.statista.com/statistics/1219205/monthly-personal-saving-rate-united-states/?__sso_cookie_checker=failed (last visited January 24, 2025)
Monthly personal savings rate as a share of personal income during coronavirus (COVID-19) in the United States from October 2020 to October 2022 [Graph], BEA, November 26, 2022. [Online]. Available: https://www.statista.com/statistics/1219205/monthly-personal-saving-rate-united-states/?__sso_cookie_checker=failed