A sluggish spin cycle
Marketplace
American Public Media
4.6 • 8K Ratings
🗓️ 27 October 2025
⏱️ 30 minutes
🧾️ Download transcript
Summary
The shutdown has delayed October's durable goods report. But fear not! Michigan-based appliance manufacturer Whirlpool reported earnings today, and they were pretty tepid. What does that tell us about Trump's tariffs, or the housing market? In this episode, corporate earnings act as a stand-in for missing federal data. Plus: There are winners and losers during a period of high beef prices, small business owners scrutinize their staffing strategies, and regional banks consolidate to compete with fintech.
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Transcript
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| 1:36.0 | This is Marketplace. |
| 1:52.3 | I'm Kyle Rizdal. It is Monday, today, October the 27th. Good as always, to have you along, everybody. |
| 2:02.5 | If you are one of those who keeps track, this is day 27 of the government shutdown, a day on which the Census Bureau would have given us its latest data on orders for durable goods, big, expensive stuff supposed to last three years or more. |
| 2:09.8 | Obviously, we in the business and economic press are without said data, but we are not without |
| 2:15.0 | ideas. So we are looking instead today to a certain Michigan-based |
| 2:19.2 | manufacturer, Whirlpool, purveyor of some of those aforementioned big expensive things. |
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