The overall value of household savings in the United States decreased a lot in 2023, after it reached values of well over two trillion U.S. dollars in 2020 and 2021. Household savings peaked in 2020, when they amounted to 2.7 trillion U.S. dollars, which was a very strong increase compared to the previous year. The personal savings as a share of disposable income in the U.S. also peaked in 2020 and 2021.
Value of household savings in the United States from 2000 to 2022
(in billion U.S. dollars)
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St. Louis Fed. (November 20, 2023). Value of household savings in the United States from 2000 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1351008/total-personal-savings-in-the-united-states/
St. Louis Fed. "Value of household savings in the United States from 2000 to 2022 (in billion U.S. dollars)." Chart. November 20, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1351008/total-personal-savings-in-the-united-states/
St. Louis Fed. (2023). Value of household savings in the United States from 2000 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1351008/total-personal-savings-in-the-united-states/
St. Louis Fed. "Value of Household Savings in The United States from 2000 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 20 Nov 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1351008/total-personal-savings-in-the-united-states/
St. Louis Fed, Value of household savings in the United States from 2000 to 2022 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1351008/total-personal-savings-in-the-united-states/ (last visited November 10, 2024)
Value of household savings in the United States from 2000 to 2022 (in billion U.S. dollars) [Graph], St. Louis Fed, November 20, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1351008/total-personal-savings-in-the-united-states/
