Vermann, E. Katarina; Wolla, Scott A. - In: Page One Economics Newsletter (2012) May, pp. 1-3
The average saving rate for the typical American household before the recession started in 2007 was 2.9 percent; since then it has risen to 5 percent. Uncertainty about the future was the primary driver for the increase. More saving is a good thing, right? Well, some economists argue it might be...