Personal Saving Increases, Showing a Resilient U.S. Consumer
Barrons·2025-09-26 12:58
Core Insights - The U.S. consumer demonstrated resilience in August, with increases in both earnings and savings rates [1][2] Economic Indicators - Personal income rose by $95.7 billion, or 0.4% from the previous month, aligning with analyst expectations [2] - Disposable personal income also increased by 0.4%, indicating stable consumer financial health [2] - Personal saving reached $1.06 trillion in August, with a personal saving rate of 4.6%, up from 4.4% in the previous month [2]