Will the US Personal Savings Rate decrease in October?

Settled as Yes

"Personal saving -- DPI less personal outlays -- was $490.3 billion in October, compared with $510.4 billion
in September. Personal saving as a percentage of disposable personal income was 4.4 percent in October,
compared with 4.6 percent in September."
http://www.bea.gov/newsreleases/national/pi/pinewsrelease.htm

Background:

Background: Contrary to the expectations of many economists and strategists the personal savings rate has decreased from its peak in May of 6% to
a low of 2.8% in August. The latest data from September was an increase to 3.3% after three straight months of decreases. Will the next
report be an increase or decrease?

Settlement details:As reported b the BEA:
http://www.bea.gov/newsreleases/national/pi/pinewsrelease.htm

Forecast history %

Yes

49%

51%

Settled as Yes on Sat 12th Dec 2009 4:57am PST

Activity: H$3,272
Predictions: 7
Comments: 0

Suspend date: Wed 25th Nov 2009 11:59pm PST
Settlement date: Sat 12th Dec 2009 4:57am PST
Prediction cut-off: Predictions on this question after Wed 25th Nov 2009 11:59pm PST have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 50%

Action history:

Created Fri 30th Oct 2009 10:06am PST by

sailfurther Level 7, Pro (H$4,830)

Suspended Wed 25th Nov 2009 11:59pm PST : Suspend date reached

Settled as 'Yes' Sat 12th Dec 2009 4:57am PST by

bayoubear [Admin]

: "Personal saving -- DPI less personal outlays -- was $490.3 billion in October, compared with $510.4 billion
in September. Personal saving as a percentage of disposable personal income was 4.4 percent in October,
compared with 4.6 percent in September."
http://www.bea.gov/newsreleases/national/pi/pinewsrelease.htm

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