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Home Newsbytes

Despite Tick Down, Most Americans Still Identify as Savers

May 1, 2017
Reading Time: 1 min read

The share of Americans who say they enjoy saving more than spending ticked down six points in 2017 to 59 percent, the lowest share since 2012 but still in line with post-recession figures, according to a Gallup survey. Prior to the 2008 financial crisis, the number of Americans who said they enjoyed saving and spending more were more closely matched.

Thirty percent of Americans said they were spending more in the past few months than they used to, while 36 percent said they were spending less and 34 percent were spending about the same. Of those spending more, 20 percent said it is a temporary change and 10 percent said it would become their new pattern.

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