In the week ending December 10, the advance figure for seasonally adjusted initial claims was 211,000, a

decrease of 20,000 from the previous week’s revised level. The previous week’s level was revised up by

1,000 from 230,000 to 231,000. The 4-week moving average was 227,250, a decrease of 3,000 from the

previous week’s revised average. The previous week’s average was revised up by 250 from 230,000 to


Retail sales fell 0.6% in November as consumers spent less.

7 hours ago — Retail sales for November declined 0.6%, even worse than the Dow Jones estimate for

a 0.3% drop. · Weekly jobless claims fell to 211,000.

What happens when consumers save more?

As personal saving contributes to investment, all else equal, a higher saving rate will result in

a higher level of physical capital over time, allowing the economy to produce more goods and services.

Why is it important for consumers to save money?HOW MUCH WILL YOUR SOCIAL SECURITY RAISE BE IN 2023?

Saving money is a great place for consumers to start, or continue, to work on their finances. Using

money that you’ve set aside to pay for unexpected expenses or to make a large purchase can help you

avoid debt. And, knowing that you’re saving for long-term plans like college or retirement can give

you peace of mind.

Savings-Related Resources – FDIC

How much savings do consumers have?

In Q2 2022, total savings was $1.7 trillion. Across the entire timeline, the majority of savings

are held by the top two income quartiles, but the bottom two still have significant amounts.

Americans are still collectively sitting on $1.7 trillion in excess savings built up over the

pandemic. Oct 31, 2022
Do people save more or less in a recession?

Consumers in Vulnerable Position Should Recession Happen

One of the more troubling aspects of this week’s survey results is not only are consumers spending

their savings, but they’re also saving less than they were before. Oct 20, 2022How can wise consumers
save money?

Tips on how to be a Smart Consumer

products that have long life spans – avoid disposable items.

Buy products that have minimal packaging.

Buy products in their concentrated form.

Buy only what you need. Consuming less, you dispose of less waste.

Consider buying in bulk for those necessary purchases.

How to be a Smart Consumer | City of Irvine › environmental-programs

Do you pay tax on T-bills?

Like other low-risk investments, such as savings accounts and certificates of deposit (CDs),

T-Bills often earn relatively low interest; unlike with those other options, however, interest

earned by a T-Bill is not subject to state or local taxes, although it is subject to federal income tax


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