Household Saving Rate in the United States decreased to 7.70 percent in July from 8 percent in June of 2019. Personal Savings in the United States averaged 8.83 percent from 1959 until 2019, reaching an all time high of 17.30 percent in May of 1975 and a record low of 2.20 percent in July of 2005.
Personal Savings in the United States is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in the United States to stand at 8.20 in 12 months time. In the long-term, the United States Personal Savings Rate is projected to trend around 9.50 percent in 2020, according to our econometric models.