The Federal Reserve Board eagle logo links to home page

Monetary Policy Report submitted to the Congress on July 18, 2007, pursuant to section 2B of the Federal Reserve Act

Table for figure of Net Saving, 1987-2007
Percent of nominal GDP
Period Nonfederal
saving
Federal
saving
Total
1987:Q1 8.33 -3.91 4.40
1987:Q2 7.29 -2.69 4.60
1987:Q3 7.83 -2.82 5.00
1987:Q4 8.59 -2.85 5.70
1988:Q1 8.71 -2.88 5.80
1988:Q2 8.85 -2.59 6.20
1988:Q3 8.95 -2.49 6.40
1988:Q4 8.91 -2.60 6.30
1989:Q1 8.80 -2.08 6.70
1989:Q2 8.01 -2.36 5.70
1989:Q3 7.50 -2.52 5.00
1989:Q4 7.13 -2.52 4.60
1990:Q1 7.59 -2.95 4.70
1990:Q2 7.92 -2.96 5.00
1990:Q3 7.03 -2.82 4.20
1990:Q4 7.10 -3.13 4.00
1991:Q1 7.79 -2.69 5.10
1991:Q2 7.43 -3.55 3.90
1991:Q3 7.24 -3.85 3.40
1991:Q4 7.69 -4.14 3.60
1992:Q1 8.40 -4.66 3.80
1992:Q2 8.47 -4.64 3.90
1992:Q3 7.07 -4.95 2.10
1992:Q4 7.26 -4.52 2.80
1993:Q1 7.47 -4.60 2.90
1993:Q2 7.12 -4.05 3.10
1993:Q3 6.48 -4.11 2.40
1993:Q4 6.56 -3.69 2.90
1994:Q1 5.78 -3.36 2.50
1994:Q2 6.37 -2.71 3.70
1994:Q3 6.49 -2.97 3.60
1994:Q4 6.75 -2.98 3.80
1995:Q1 7.22 -2.95 4.30
1995:Q2 6.62 -2.66 4.00
1995:Q3 6.76 -2.67 4.10
1995:Q4 6.61 -2.38 4.30
1996:Q1 6.80 -2.39 4.40
1996:Q2 6.50 -1.84 4.70
1996:Q3 6.59 -1.69 4.90
1996:Q4 6.46 -1.36 5.10
1997:Q1 6.40 -1.10 5.30
1997:Q2 6.70 -0.84 5.90
1997:Q3 6.54 -0.42 6.10
1997:Q4 6.49 -0.35 6.10
1998:Q1 6.43 0.15 6.60
1998:Q2 6.08 0.33 6.40
1998:Q3 6.05 0.69 6.70
1998:Q4 5.68 0.59 6.20
1999:Q1 6.04 0.88 6.90
1999:Q2 5.00 1.14 6.10
1999:Q3 4.51 1.16 5.60
1999:Q4 4.73 1.29 6.00
2000:Q1 4.35 2.21 6.40
2000:Q2 4.22 1.85 6.00
2000:Q3 4.10 1.94 5.90
2000:Q4 3.38 1.73 5.00
2001:Q1 3.47 1.56 4.90
2001:Q2 3.06 1.22 4.20
2001:Q3 3.98 -0.87 3.10
2001:Q4 2.50 -0.05 2.40
2002:Q1 4.47 -2.02 2.40
2002:Q2 4.47 -2.31 2.10
2002:Q3 3.93 -2.35 1.60
2002:Q4 4.14 -2.78 1.40
2003:Q1 3.51 -2.71 0.80
2003:Q2 4.35 -3.37 1.00
2003:Q3 5.00 -4.07 0.90
2003:Q4 5.14 -3.40 1.70
2004:Q1 4.90 -3.51 1.40
2004:Q2 4.39 -3.27 1.10
2004:Q3 3.57 -3.23 0.30
2004:Q4 3.88 -3.05 0.80
2005:Q1 3.52 -2.36 1.20
2005:Q2 2.94 -2.35 0.60
2005:Q3 1.20 -3.15 -1.90
2005:Q4 2.53 -2.07 0.50
2006:Q1 3.69 -1.13 2.50
2006:Q2 2.88 -1.24 1.60
2006:Q3 2.77 -1.30 1.50
2006:Q4 3.27 -0.90 2.40
2007:Q1 2.54 -1.05 1.50

Note: The data are quarterly and extend through 2007:Q1. Nonfederal saving is the sum of personal and net business saving and the net saving of state and local governments.

Source: Department of Commerce, Bureau of Economic Analysis.

Return to text