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News@lemmy.world · 8 months ago

Americans have now spent all $2.1 trillion of their pandemic savings, San Francisco Fed says

cross-posted to:
aboringdystopia@lemmy.world

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Americans have now spent all $2.1 trillion of their pandemic savings, San Francisco Fed says

return2ozma@lemmy.world to

News@lemmy.world · 8 months ago

cross-posted to:
aboringdystopia@lemmy.world

Consumer spending hit a peak of $85 billion per month last fall.

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Asafum@feddit.nl
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8 months ago
People do tend to follow the “parked money is lost money” mentality, but that’s more about saving vs investing.

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