The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.

US personal savings rate falls to 4.2%, lowest since October 2022

Oct 31, 2026 20:37 (13h ago)

Verifying

US households saw the personal savings rate fall to 4.2% in September.
The rate dropped 0.2 percentage points during September and 3.4 points since January 2024.
The September reading was the lowest since October 2022 and below the five-year pre-pandemic average.