by Lucia Mutikani
Savings are now at levels last seen in December 2007, when the economy slipped into recession.
The saving rate dropped to 2.4 percent, the lowest level since September 2005, from 2.5 percent in November. It decreased to 3.4 percent in 2017, a 10-year low, from 4.9 percent in 2016.
Source: Reuters
https://www.reuters.com/article/us-usa- ... ess%201700