McCombs TODAY

News from the McCombs School of Business

Brandl on KUT: Personal Savings on the Rise

July 8th, 2009 · Filed under: McCombs in the Media

Posted by Rob Meyer

KUT-Radio, July 7, 2009
Americans are nervous about their economic future, and one of the ways they demonstrate this anxiety is by saving more. Currently we are saving about seven percent of our income - a much higher rate than when the economy is good. Unfortunately, when people don’t spend, it can slow down economic recovery, as well [...]

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