Americans are opting to stay put
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 14 March 2024
⏱️ 9 minutes
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Summary
Americans have long been known for pulling up stakes and moving for economic opportunity. But rather than chasing higher-paying jobs, more Americans are reluctant to move — and housing costs have something to do with it. Plus, there’s plenty of economic data on the table to discuss: Wholesale inflation came in warm but not hot, retail sales rebounded, and unemployment has stayed under 4% for 25 months now.
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| 0:00.0 | We're celebrating Marketplace's 35th anniversary with some throwback thank you gifts available during this March fundraiser. |
| 0:08.0 | We took our old dot-com era logo and put it on a sticker, a glass mug, a tote bag, and a t-shirt. |
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| 0:27.0 | slash donate. |
| 0:28.0 | We're celebrating Marketplace's 35th anniversary with some throwback thank you gifts available |
| 0:36.4 | during this March fundraiser. We took our old dot-com era logo and put it on a sticker, a glass mug, a tote bag, and a t-shirt. |
| 0:45.4 | No matter how much you donate, you can get a fun piece of marketplace history. |
| 0:49.9 | Check them out at marketplace.org. |
| 0:51.5 | These limited edition gifts are only |
| 0:53.8 | available through March 22nd. Get yours at marketplace.org |
| 0:58.0 | slash donate. |
| 1:00.0 | An update on the economy today with new government figures showing strength, but... |
| 1:07.0 | I'm David Brancaccio in New York, many a Thursday we consult Diane Swank, the chief economist at KPMG, normally in Chicago. at It's great to be here. Thank you. So we got some numbers today. First of all wholesale inflation |
| 1:27.0 | also didn't come in hot, but a little warm. |
| 1:30.0 | A little |
| 1:33.4 | more signs that the economy is still a little too hot for the Fed |
| 1:37.4 | and that's why we're going to see the Fed signal that they're thinking about |
| 1:40.8 | rate cuts, but certainly not doing it in March. |
| 1:43.0 | I still think June's on the table. |
... |
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