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Savings Are Good, but May Slow Recovery.
- Source :
-
Wall Street Journal - Eastern Edition . 8/4/2009, Vol. 254 Issue 29, pC1-C1. 1/3p. 1 Graph. - Publication Year :
- 2009
-
Abstract
- The article discusses personal savings in the U.S. Although government figures are expected to show savings declined during June, 2009, low levels of household net worth relative to disposable income suggest savings will increase in the long term. Greater savings can serve to lower both interest rates and gross domestic product.
- Subjects :
- *SAVINGS
*DISPOSABLE income
*GROSS domestic product
*INTEREST rates
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 254
- Issue :
- 29
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 43520800