Americans Are Leading the World in Cutting Debt: Survey

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Americans Are Leading the World in Cutting Debt: Survey

January 24th, 2012

Buzzy

Americans are cutting debt faster than other countries and could be halfway through the deleveraging process, setting the stage for economic recovery, a new survey found.
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Recession’s Legacy: Twice as Many Americans Saving Twice as many Americans are saving more money today than they did before the recession, according to a survey conducted by America's Research Group for CNBC.com. CNBC's Top Business Stories from the U.S.
Wealth Gap Between the Young And the Old Widest on Record The wealth gap between younger and older Americans has stretched to the widest on record, worsened by a prolonged economic downturn that has wiped out job opportunities for young adults and saddled them with housing and college debt. CNBC's Top Business Stories from the U.S.
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