Lower-Income Households May Have Hung On To Savings

Lower-income households may have held on to the cash they accumulated during the pandemic, even as higher-income groups spent theirs down, one analysis of income and spending data suggests. (To see a specific data point, tap or hover over that area of the chart.)

Total accumulated savings since the end of 2019, by income group.
Chart: Investopedia / Diccon Hyatt Source: Moody's Analytics
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