A glass half full/glass half empty GDP report
Marketplace
Marketplace
4.6 • 8.6K Ratings
🗓️ 27 January 2023
⏱️ 28 minutes
🧾️ Download transcript
Summary
Economists often see both good and bad news in economic data. Today’s gross domestic product report was no different. The economy grew by 2.9% last quarter, which was more than expected, but there are some signs of a slowdown. Today, we’ll examine the two sides of the GDP coin. Then, we’ll tour a Costco returns warehouse in New Jersey and visit a co-working space in Seattle.
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Transcript
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| 0:35.7 | security, selfish and elazy, lack ambition, stubborn, argumentative, jealous, stunning |
| 0:40.2 | and people of love? I only wash my hands after someone else in the bathroom. I don't know |
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| 0:59.3 | Yay! That's pretty much today's economic news. From American public media. This is Marketplace. |
| 1:21.2 | In Los Angeles, I'm Kyle Rizdal. It is Thursday today, the 26th of January. Good as always |
| 1:26.9 | to have you along, everybody. You know, it will come as news to nobody who's an even occasional |
| 1:32.4 | listener to this program that this economy right now is real tough to read. |
| 1:37.6 | The latest confirmation of that came this morning in the form of the first peak at Gross |
| 1:42.0 | Domestic Product for the October to December quarter of 2022. You look real quick. A glance |
| 1:48.0 | perhaps, or you listen to the headlines. You see that on the one hand, it's pretty good. |
| 1:52.6 | Annualized growth of 2.9% at the end of last year. But you'll look a little deeper. You |
| 1:57.2 | see on the other hand, it's lower growth than we saw in the third quarter of last year. |
... |
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