Holding space for uncertainty
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 3 December 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
Manufacturers have held back on big investments because of high interest rates and inflation. Those have eased, but companies are worried that potential tariffs and tax cuts could stoke them again. Also in this episode, more uncertainty: A customs broker isn’t sure what to expect if there’s another round of tariffs, and the number of “permanent job losers” climbed the highest its been since November 2021.
Transcript
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| 1:05.5 | The big three on the program today, or, you know, the big three of the moment anyway, interest rates, |
| 1:12.0 | tariffs and jobs coming at you from American public media. |
| 1:17.1 | This is Marketplace. |
| 1:23.0 | In Los Angeles, I'm Kai Rizzdahl. |
| 1:29.3 | It is Monday today, the 2nd of December. |
| 1:32.6 | Good as always to have you along, everybody. |
| 1:35.0 | We will hear elsewhere in the program today about the politics of this economy, tariffs, that is. |
| 1:41.2 | And we will hear about the labor market in this economy, jobs, that is. |
| 1:45.8 | But we begin with perhaps the most fundamental item in this economy right now, the cost of money, |
| 1:51.9 | interest rates, that is. And the general vibe at the moment, well, not so much vibe, |
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