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The Indicator from Planet Money

A Swiftie Super Bowl, a stumbling bank, and other indicators

The Indicator from Planet Money

NPR

Business

4.79.5K Ratings

🗓️ 10 February 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

It is Friday, and Indicators of the Week is back — SUPER Edition. Today, what one New York bank's shakiness means for the wider economy, why Mexican imports in the US are super surging, and the T. Swift effect on the Super Bowl.

Related Episodes:
Economics, boosternomics and Swiftnomics (Apple/Spotify)
Does the U.S. have too many banks? (Apple/Spotify)

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Transcript

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0:00.0

NPR. This is the indicator from Planet Money. I'm Darren Woods and joining me today are

0:16.6

Planet Money reporters and hosts with the most, Erica Beres and Mary Charles.

0:21.0

So happy to be here. Hello. Happy to have you and listening. and

0:25.0

listen you should know that this super team of super people assembling can only mean one thing

0:30.0

can anyone in this room guess what it is?

0:32.0

I know I know so I hit theer first, I hit the buzzer first, it's indicators of the week.

0:37.0

But yes, it is our glorious turn to bring you three snapshots of what is going on in the global economy.

0:45.6

That's right on today's episode, super indicators what one regional banks' super

0:51.5

shakiness means for the wider economy, Mexican goods, super surging,

0:56.4

and of course, the Super Bowl.

0:58.9

Well, you know, the fun part, the commercials.

1:01.1

The good part, yeah. Yeah.

1:03.0

Okay, indicators of the week, Mary, tee us off.

1:10.0

What is your super interesting indicator of the week? Thank you for the compliments honored to go first. My

1:15.6

indicator of the week is four hundred and seventy five billion dollars. That is how much the

1:21.9

US imported in goods from Mexico last year, but the wild part of this is that is about 48 billion dollars more than we imported from China.

1:32.0

Oh, how the turn tables turn.

1:34.0

It's very surprising, frankly.

1:36.0

This is the first time in about 20 years that this has happened.

1:39.0

For the last two decades we have always imported more from China,

1:42.0

but last year our imports from China dropped 20%.

1:46.4

That is wild, what is happening here, what's going on?

...

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