U.S. Household Saving Fell $58 Billion in June Even as Income Rose

BEA data released July 30 show personal saving fell from $704.2 billion in May to $646.1 billion in June 2026 — a roughly $58 billion drop — even as personal income rose $54.9 billion (0.2 percent). The saving rate declined to 2.7 percent from 3.0 percent. The arithmetic is clear: spending outpaced earnings, thinning household buffers.