Definition: The Personal Saving Rate (PSR) is the fraction of personal income that is not consumed. Is is in the 4% range in the United States.
Related Indicators: While
the personal savings rate from the NIPA account is published quarterly
together with the GDP report, it is possible to compute a monthly savings
rate from personal consumption
expendiures and personal (disposable)
income report that is published on a monthly basis.
Source: Department of Commerce, BEA, NIPA dataset.
Frequency: Quarterly, revised monthly. The PSR for a given quarter is released together with the GDP figures in the first month following a quarter as the "advance estimate". The "preliminary estimate" is published in the second month, followed by the "revised" estimate in the third month.
Availability: Three to four weeks
following the reported quarter
Direction: Pro-cyclical as it tends to increase in booms and fall in recessions.
Likely Impact on Financial Markets:
Graphs of the latest personal savings rate data from The Economic Statistics Briefing Room of the White House
The latest GDP report from BEA includes an analysis of the savings trends in the latest quarter
See the Dismal Scientist Homepage for charts, tables and analysis of the latest monthly report on income, consumption and savings.
You can see Savings charts with the Economic Chart Dispenser
You can create customized consumption charts with the Economic Chart Maker Tip: type "SAVINGS" in the Label section of the form and choose the transformation of the data you are interested in.
An analysis of the latest GDP report from First Union
of the GDP report from Morgan Stanley's Stephen Roach