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Savings Rate Increases: Americans Saving More In Weak Economy

First Posted: 03/18/10 06:12 AM ET Updated: 05/25/11 04:00 PM ET

Washington Post:

The recession has caused a seismic shift in the consumer culture, converting die-hard spenders into savers. A growing number of people, either smarting from a job loss or spooked by the financial crises of others, are scrambling to get out of debt, establish emergency funds, and add to their retirement and savings accounts.

Read the whole story: Washington Post

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Filed by T.J. Ortenzi  |