https://www.siliconvalley.com/2023/12/21/californias-consumer-savings-cut-in-half-during-pandemic/

Buzz: The typical Californian saved roughly half as much in 2022 than they did in pre-pandemic 2019.

Source: My trusty spreadsheet created a measurement of savings by looking at 2022’s gap between per capita data on incomes (after taxes) and consumer spending in 50 states and the District of Columbia. The tally by the US Bureau of Economic Analysis is a broad tracking of consumer cash flows, including many sources of income (wages, investments and government benefits) and various expenses (from housing to groceries to services to big-ticket consumer goods).