Have you been stashing your cash, lately? Well, you are not alone. The current pandemic has pushed America to save more, resulting in an unusually high personal savings rate. The personal savings rate—the amount people are saving as a percentage of disposable personal income—rose 23.2 per cent in May, according to new data released on Friday from the US Bureau of Economic Analysis. In April, the personal savings rate, or the percentage of people's incomes left after they pay taxes and spend money, skyrocketed 32.2 per cent. Last year, during the same period the personal savings rate was in single-digit—around 7.8-8 per cent.