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Politics : Ask Michael Burke

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To: Nadine Carroll who wrote (58209)4/30/1999 1:34:00 PM
From: Freedom Fighter  Read Replies (1) of 132070
 
Nadine,

The savings rate is calculated two different ways.

One way uses disposable personal income and expenditures.

The other way uses the accumulation of assets and debts.

They show different results and as suggested by others there are problems with the measurement of both.

The former is the one that generally gets press and discussion.

If you would like to see some details, they are presented in the Federal Reserve Flow of Funds reports.

Here is the link. The savings data is presented both ways in two separate reports.

bog.frb.fed.us

Wayne
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