Once Again, We're Spending More, Saving Less

Spending rose twice as much as income in March
By Evann Gastaldo,  Newser Staff
Posted May 3, 2010 11:31 AM CDT
Once Again, We're Spending More, Saving Less
Yes, we're back to using these again.   (Getty Images)

Well, that didn’t take long: Americans are back to spending more and saving less. While personal income rose 0.3% in March, spending rose at twice that rate, Business Insider reports. Personal savings, on the other hand, slipped that same 0.3% from 3% of income in February to 2.7% in March.
(Read more income stories.)

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