U.S. Personal Saving Rate Drops to 2.6 Percent

The United States government reported that the personal-saving rate fell to 2.6 percent in April 2026. This figure represents one of the lowest levels of saving since early 2008.

Personal consumption, which constitutes approximately two-thirds of the United States gross domestic product, grew by roughly 2 percent over the past year. However, the sharp decline in savings has raised concerns that consumers are spending beyond their financial means. Analysts suggest this trend may lead to an eventual decrease in consumption.