- Federal Reserve Research 10/21/22: Excess Savings during the COVID-19 Pandemic - "we estimate that U.S. households accumulated about $2.3 trillion in savings in 2020 and through the summer of 2021." https://www.federalreserve.gov/econres/notes/feds-notes/excess-savings-during-the-covid-19-pandemic-20221021.html 117 comments economics
Linking pages
- Why Americans' 'YOLO' spending spree baffles economists - BBC Worklife https://www.bbc.com/worklife/article/20231130-why-americans-yolo-spending-attitude-baffles-economists 1507 comments
- US economy: How millions of missing workers are making do without a job - ABC7 Los Angeles https://abc7.com/inflation-rate-2022-us-economy-jobs-recession/12561947/ 614 comments
- Who’s to Blame for the High Cost of Living? - WSJ https://www.wsj.com/articles/whos-to-blame-for-the-high-cost-of-living-spending-budget-deficit-federal-reserve-taxpayer-leadership-congress-11670424341 557 comments
- How dwindling pandemic savings could affect the economy - Vox https://www.vox.com/policy-and-politics/2022/12/13/23500066/pandemic-savings-inflation-recession 426 comments
- November Jobs Report: U.S. Employers Added 263,000 Jobs in November - The New York Times https://www.nytimes.com/live/2022/12/02/business/jobs-report-november-economy 421 comments
- A Holiday Season Divided by Inflation and Economic Struggles - The New York Times https://www.nytimes.com/2022/11/25/business/economy/economy-holiday-season.html?referringSource=articleShare&smid=nytcore-ios-share 217 comments
- Shrinking savings and rising debt leave consumers on shaky financial footing https://www.nbcnews.com/politics/economics/shrinking-savings-rising-debt-leave-consumers-shaky-financial-footing-rcna75389 106 comments
- Americans’ personal savings rate is near an all-time low – an economist explains what it means as a potential recession looms https://theconversation.com/americans-personal-savings-rate-is-near-an-all-time-low-an-economist-explains-what-it-means-as-a-potential-recession-looms-196333 74 comments
- The Fed alone cannot bring inflation down | Financial Times https://www.ft.com/content/c4a030b0-45a2-4bb1-93ff-830e78f2bc6c 40 comments
- Excess savings kept the economy afloat. What happens when they’re gone? - Vox https://www.vox.com/policy/23998805/pandemic-excess-savings-us-economy-recession 24 comments
- Economic, Housing and Mortgage Market Outlook – August 2023 - Freddie Mac https://www.freddiemac.com/research/forecast/20230817-economic-housing-and-mortgage-market-outlook-august-2023 2 comments
- Excess No More? Dwindling Pandemic Savings | San Francisco Fed https://www.frbsf.org/our-district/about/sf-fed-blog/excess-no-more-dwindling-pandemic-savings/ 2 comments
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