All Employees: Professional and Business Services in Florida
Monthly, Not Seasonally Adjusted
FLPBSVN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,633.80
Year-over-Year Change
0.91%
Date Range
1/1/1990 - 7/1/2025
Summary
The Personal Saving Rate measures the percentage of disposable personal income that individuals save. It is an important indicator of household financial health and consumer spending patterns.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Personal Saving Rate represents the ratio of personal saving to disposable personal income. It provides insight into the savings behavior of U.S. households and their ability to build financial resilience.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
The Personal Saving Rate is closely watched by economists, policymakers, and market analysts to gauge consumer confidence and predict future economic activity.
Key Facts
- The U.S. Personal Saving Rate averaged 7.3% from 1959 to 2022.
- Saving rates tend to rise during economic downturns as consumers become more cautious.
- Higher saving rates can signal slower consumer spending and economic growth.
FAQs
Q: What does the Personal Saving Rate measure?
A: The Personal Saving Rate represents the percentage of disposable personal income that individuals save rather than spend.
Q: Why is the Personal Saving Rate relevant for users or analysts?
A: The Personal Saving Rate provides important insights into household financial health, consumer spending patterns, and future economic activity.
Q: How is the Personal Saving Rate data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is the Personal Saving Rate used in economic policy?
A: Economists and policymakers closely monitor the Personal Saving Rate to gauge consumer confidence and predict future consumer spending and economic growth.
Q: Are there update delays or limitations with the Personal Saving Rate data?
A: The Personal Saving Rate data is released monthly with a lag, and may be subject to revisions as more complete information becomes available.
Related Trends
All Employees: Government in Florida
FLGOVT
Real Gross Domestic Product: Transportation and Warehousing (48-49) in Florida
FLTRANSWARERGSP
All Employees: Social Assistance in Florida
SMU12000006562400001A
All Employees: Health Care and Social Assistance in Florida
SMU12000006562000001A
Gross Domestic Product: Broadcasting (Except Internet) and Telecommunications (515, 517) in Florida
FLBRDTELENGSP
Real Gross Domestic Product: Waste Management and Remediation Services (562) in Florida
FLWASTERGSP
Citation
U.S. Federal Reserve, Personal Saving Rate (FLPBSVN), retrieved from FRED.