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The Fall and Rise of Household Saving (CRS Report for Congress)

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Release Date Sept. 1, 2009
Report Number R40647
Report Type Report
Authors Brian W. Cashell, Specialist in Macroeconomic Policy
Source Agency Congressional Research Service
Summary:

This report begins by showing how the household saving rate has varied in recent years. Next, it explains how household saving is measured, and it provides some detail on how saving varies across the income distribution. Finally, it discusses factors that may account for the long decline in household saving, as well as prospects for its recovery.