People are saving more: good news or bad?

We live in a consumption-led economy. Let me explain. Mature economies like ours depend on consumers buying things -- houses, cars, furniture and smartphones as well as dining out, taking vacations and going to the movies. If we stop spending the economy slows. But we don't want to encourage people to ratchet up debt to pay for a consumption lifestyle. And the latest evidence shows that they're not: AMERICANS SAVING MORE