4.8 • 1.3K Ratings
🗓️ 18 August 2025
⏱️ 8 minutes
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Consumer spending was up pretty significantly for more expensive items last month — things like cars and furniture. All that big-ticket buying comes despite a softening labor market and broader economic uncertainty. We'll parse the data a bit more. Also on the program: we'll hear what we can expect from homebuilder confidence and learn how the startup world is grappling with tariffs and the cancellation of government grants and contracts.
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0:58.2 | slash G-O. Consumers are buying new furniture, but not new houses. From Marketplace, I'm Nancy Marshall |
1:07.8 | Genser in for David Bancaccio. Digging a little deeper into those relatively encouraging retail sales numbers we got from the Census Bureau on Friday, consumer spending was up pretty significantly for more expensive items. |
1:21.3 | Sales at car dealers were up 4.7% in July from the year before. |
1:25.7 | Furniture sales were up 5.1%. |
1:28.3 | All that big-ticket buying comes, despite a softening labor market and broader economic uncertainty. |
1:35.0 | Here's Marketplace's Matt Levin. |
1:37.1 | Sales are up 20% or so, month over month, that Brenner's furniture and mattress in Eugene, Oregon. |
1:43.1 | Revenue and foot traffic are up from last year, too. |
1:46.2 | If you're wondering why consumers are buying big-ticket items like recliners and sofas in the midst of a |
1:51.6 | slowing job market, General Manager Lance Miles has the same question. Yeah, I have no clue, man. It doesn't make any sense to me. |
2:01.1 | Miles says he does see one sign of uncertainty, maybe ever so slightly slipping into customer |
2:06.2 | mindsets. |
2:07.5 | Sof is in the $500 range are a little more popular than the $1,000 models these days. |
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