“It is somewhat worrisome that households are not saving at the same rate they historically have, because they technically won’t have as much at their fingertips come a downturn or a shock that hits the household sector, so I think it leaves them more financially vulnerable.”

Shannon Seery Grein, an economist at Wells Fargo, commenting on an analysis from Wells Fargo and a report showing the personal saving rate fell to 3.6 percent in February, the lowest level in more than a year. Read the CNN article, “Americans Are Saving Less These Days. Here’s Why and What It Means.”