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Tuesday, May 25, 2021

Interesting Stat: U.S. Personal Income & Savings Over the Last Year

While researching data tables (FRED, Federal Reserve Bank of St. Louis), I thought would be useful for different areas of WiredPages, I noticed an interesting statistic about nationwide personal income and savings over the period March 2020 through March 2021.

This period of course, encompasses the upheaval to business, employment, and life in general across the U.S., and the world, due to the COVID-19 crisis.

What is interesting? According to the numbers, U.S. personal income rose and so did the percentage of disposable income that was held in savings.

The graphs shown above were charted using data from the partial spreadsheet shown below (click on the illustration for the entire data set):

My personal financial situation over the same time period? My personal income was slightly higher along with the amount I held in savings.

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