Insights

Posted on February 24, 2016

Why Is This Snapshot of American Personal Savings So Murky?

News

In this article by Brian O’Connell, Josh Nelson, founder of Keystone Financial Services in Loveland, Colo., says weaker savings levels are actually a result of a stronger U.S. economy. “What I see happening is an improving economy, lower unemployment rates, and consumers starting to spend more,” Nelson says. “Low oil and gas prices, coupled with healthy wage increases this past year, have put more money in the average consumer’s pocket.”

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