Bell Ringer # 16

Last updated almost 3 years ago

1 Asɛmmisa

Before March 2020, when was the personal savings rate the HIGHEST? What was the peak savings rate?
On the entire graph, from June 2015 to March 2023, when was the personal saving rate the HIGHEST? What was that rate?
How would you describe the overall savings trend in the U.S. from June 2015 to February 2020?
The savings rate increased every year at some point between December and February. Hypothesize why this might be.
Why did the savings rate increase after February 2020? What do you think accounts for the spikes in the personal savings rate in March 2020 and January 2021?