Found this article from Fortune Magazine this morning.... Seems that people are finally starting to return to saving. What a remarkable idea!!
I'll specifically point out this chart in the article--check out how high it used to be back around 1990! For that to be the national average, that's pretty darn good.
**Hopefully this works, I've never inserted a picture here before...
NEW YORK (Fortune) -- The economic storm pelting the U.S. economy is going to do plenty more damage to already flattened job and housing markets.
But as dark as the next three or four quarters could be, the U.S. economy appears to be undergoing a more lasting, and ultimately uplifting, shift.
Americans who for decades have spent an increasing share of their incomes and taken on more and more debt are now, for the first time in years, saving instead.
The personal savings rate, which measures the amount of disposable personal income that isn't spent, ticked up to almost 3% in the second quarter of 2008, after almost four years below 1%.
"The bright spot in a dark economy"