Sunday, May 22, 2022
Focus on the big picture

MoneyWatch: Personal saving rates dropped to under 7% in 2021

CBS, 12 May 2022
The personal savings rate has dropped to its lowest level since 2013 following a savings boom earlier in the pandemic. JPMorgan Chase Institute managing director and co-president Fiona Greig explains what's driving the decline.

CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on and Paramount+.

Subscribe to the CBS News YouTube channel:
Watch CBS News:
Download the CBS News app:
Follow CBS News on Instagram:
Like CBS News on Facebook:
Follow CBS News on Twitter:
Subscribe to our newsletters:
Try Paramount+ free:

For video licensing inquiries, contact:
Related Articles