Return to The JAM Blog

Savings rate dips in September; PCE inflation matches Fed target

The savings rate dipped in September, the Commerce Department reported this morning. Americans. Americans saved 6.2% of their disposable income, the lowest level since 2013. Incomes grew by just 0.2%, the weakest in more than a year. That's not good news considering that consumer spending makes up  about 70% of the U.S. economy and that […]

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.