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Household-saving rates may have fallen, but this does not necessarily indicate imprudence since it has occurred at a time of steep rises in housing wealth.
ECONOMIST: Can you be too rich?
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Home prices rose about 8% in 2012, which can contribute to a self-reinforcing circle of coaxing hesitant buyers off the sidelines while improving household balance sheets and creating cash-saving refinancing opportunities.
FORBES: U.S. Recovery Remains On Track With Modest Growth
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Since the mid-1970s the long-term trend in household saving has been downwards (see chart above).
ECONOMIST: The sorry state of saving
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With a savings rate of barely 4% of GDP, the average US household is unlikely to be over-saving.
FORBES: Rajan is Back And Little Better
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Instead, his legacy will linger in the shape of the biggest economic imbalances in American history: a negative household saving rate and a record current-account deficit (see chart 1).
ECONOMIST: Alan Greenspan
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Understanding consumers' desire for products that reduce their household energy costs, both of LG's 3D LED HDTVs have a variety of energy-saving features, such as Intelligent Sensor to automatically calibrate and optimize brightness, contrast, white balance and color, based on the ambient light in the room, thereby saving on energy output under most circumstances.
ENGADGET: LG's 3D bundle adds two pairs of glasses, $100 rebate and Under the Sea 3D disc