WSJ: “U.S. consumers are saving more of their incomes than any time since 1993 — a major shift toward frugality that’s expected to be one of the lasting effects of this deep and lengthy recession.”

• U.S. Bureau of Economic Analysis – Personal Saving Rate, updated Thursday, June 25 2009.
• LA Times: “Americans’ savings rate jumps, but there’s a catch The personal savings rate soars to 6.9% in May, but the government’s one-time stimulus payments skewed the data.”
• A Guide to the National Income and Product Accounts of the United States: “This guide presents information on the structure, definitions, and presentation that underlie the national income and product accounts (NIPAs) produced by the Bureau of Economic Analysis. The NIPAs show the composition of production and the distribution of incomes earned in production. Thus, they represent a critical element of the U.S. economic accounts, which are designed to provide a consistent and comprehensive picture of the Nation’s economy. The NIPAs feature several widely followed measures of aggregate U.S. economic activity, including gross domestic product (GDP), gross domestic income (GDI), personal income, and personal saving among
  others.”

• Related postings on financial system