Update on Personal Savings and Spending Rates

The COVID crisis changed the landscape of the American economy. One bittersweet consequence is that the average American family is in better financial shape today than they were before the pandemic. So, what shifted over the past 18 months – and what are the implications for the near future? In this episode, Jay Pluimer explores the pandemic’s impact on personal finances, including personal spending rates, average debt, and savings habits.