The Commerce Department reported Thursday that the savings rate for
all of 2006 was a negative 1 percent, meaning that not only did people
spend all the money they earned but they also dipped into savings or
increased borrowing to finance purchases. The 2006 figure was lower
than a negative 0.4 percent in 2005 and was the poorest showing since
a negative 1.5 percent savings rate in 1933 during the Depression.
Legacy cannot vouch for the accuracy of these studies and surveys. We
document where we found the information, which is sometimes primary
and sometimes secondary. But we felt the data was important enough to
pass on, rather than wait until we got to the bottom of each stat.
To more information visit: 
http://www.ezdia.com/How_many_people_love_their_jobs/Content.do?id=369

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