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ID: 21866
Title: 2006 personal savings fall to 74-yr. low (AP)
Description:

A worker heads into a condo construction site Wednesday, Jan. 31, 2007, in Sandy, Utah. Spending on construction projects around the country dropped 0.4 percent in December, after edging up in November, mostly reflecting fallout from the housing slump, the Commerce Department said in another report. (AP Photo/Douglas C. Pizac)AP - People once again spent everything they made and then some last year, pushing the personal savings rate to the lowest level since the Great Depression more than seven decades ago.
Category: Business/US Economy/
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Date Added: February 01, 2007 06:22:28 PM
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