The Saving Rate is Still High: Evidence on the Post-Pandemic Economy

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An important item in the GDP report released this week, that received little attention, is that the saving rate is still well above the pre-pandemic level. For the second quarter as a whole the saving rate was 10.9 percent. If we just look at the month of June alone, the last month in the quarter, More

The post The Saving Rate is Still High: Evidence on the Post-Pandemic Economy appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.

Citations

[1] The Saving Rate is Still High: Evidence on the Post-Pandemic Economy - CounterPunch.org ➤ https://www.counterpunch.org/2021/08/03/the-saving-rate-is-still-high-evidence-on-the-post-pandemic-economy/[2] The Saving Rate is Still High: Evidence on the Post-Pandemic Economy - CounterPunch.org ➤ https://www.counterpunch.org/2021/08/03/the-saving-rate-is-still-high-evidence-on-the-post-pandemic-economy/[3] Home - CounterPunch.org ➤ https://www.counterpunch.org/