Here ' s when the San Francisco Fed expects households to run out of COVID-era extra savings

Data released this week showed a big rise in retail sales — but the extra cash that households have on hand to fuel those purchases is running out. The San Francisco Fed said households held less than $190 billion of aggregate excess savings by June, after having about $500 billion in March. The…#sanfranciscofed #sanfrancisofed #atlantafeds #treasury

Source: Reuters: Health - August 17, 2023 Category: Consumer Health News Source Type: news