Consumer Savings Rate Drops to 3.8% Amid Robust Spending
Rebenishore reported that consumer spending remained relatively robust, supported in part by a drop in the personal savings rate to 3.8% in September, down from about 5% a year prior.
personRebenishore
The tape
1 quote
“If you look at the savings rate, it came down to 3.8 percent in September. That's down from about 5 percent a year ago.”
Rebenishore
Heard on Marketplace — “GDP growth comes at expense of consumer savings”, published Thursday, October 29, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.