Chart of Personal Saving Rate from January 1959 to June 2020

Personal saving is equal to personal income less personal outlays and personal taxes; or can be viewed as the portion of personal income that is used either to provide funds to capital markets or to invest in real assets such as residences.

Personal saving as a percentage of disposable personal income (DPI), frequently referred to as “the personal saving rate,” is calculated as the ratio of personal saving to DPI.