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Are Americans Saving More Money?

Earlier today the Bureau of Economic Analysis released the data from May 2010 on personal savings and income.  According to the report, personal income jumped higher by 0.4% to $53.7 billion.  Spending...

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Americans Save More Money in January

There’s encouraging news on the personal savings situation in America.  In January, the personal savings rate increased by 0.4% to 5.8%, as opposed to 5.4%, which was December’s rate.  Additionally,...

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Personal Income Plummets

We haven’t seen personal income levels drop since 2009 – until now.  And it makes sense – unemployment is high – the stock market is more volatile than usual – and the housing market is a mess....

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