"Personal saving -- DPI less personal outlays -- was $620.3 billion in May, compared with $582.7 billion in April. The personal
saving rate -- personal saving as a percentage of disposable personal income -- was 4.8 percent in May, compared with 4.5 percent
in April. For a comparison of personal saving in BEA's national income and product accounts with personal saving in the Federal
Reserve Board's financial accounts of the United States and data on changes in net worth, go to www.bea.gov/national/nipaweb/nipa-frb.asp."
WTF!
Buy a shack before these savings enter the real estate market & price you out.
http://www.bea.gov/newsreleases/national/pi/pinewsrelease.htm
"Personal saving -- DPI less personal outlays -- was $620.3 billion in May, compared with $582.7 billion in April. The personal
saving rate -- personal saving as a percentage of disposable personal income -- was 4.8 percent in May, compared with 4.5 percent
in April. For a comparison of personal saving in BEA's national income and product accounts with personal saving in the Federal
Reserve Board's financial accounts of the United States and data on changes in net worth, go to www.bea.gov/national/nipaweb/nipa-frb.asp."
WTF!
Buy a shack before these savings enter the real estate market & price you out.
Everyone line up & take a turn at FMTT.
#housing