How are you doing, consumer?
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 16 September 2024
⏱️ 9 minutes
🧾️ Download transcript
Summary
Retail sales data out Tuesday morning will offer a peek into how consumers are doing right now. As we inch closer to the holiday shopping season, a new forecast from consulting firm Deloitte predicts that holiday spending is likely to grow this year — but not quite as much as in the recent past. We’ll discuss. Also: backlash to digital nomads, and interest rate decisions this week in the U.S., U.K, and Japan.
Transcript
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| 0:00.0 | Hi I'm Kai Rizdahl the host of How We Survive |
| 0:03.4 | It's a podcast from Marketplace. In 1986, before I was a journalist, I was flying for the Navy. |
| 0:09.6 | Mr. Gorbachev, tear down this wall. |
| 0:14.4 | It was the cold war and my first deployments were intercepting Russian bombers. |
| 0:18.6 | Today though, there's another threat out there, climate change. |
| 0:22.6 | This could be the warmest year on record. |
| 0:24.6 | Climate change is here. |
| 0:25.7 | Temperatures here are warming faster than anywhere on Earth. |
| 0:29.5 | And while the threat seems new, the Pentagon's been funding studies on climate change since the 1950s. |
| 0:35.9 | I think we will put our troops and our forces at higher risk if we don't recognize the impact of climate change. |
| 0:44.7 | This season, we go to the front lines of the climate crisis |
| 0:47.5 | to see how the military is preparing for the threat. |
| 0:51.0 | Listen to how we survive, wherever you get your podcasts. |
| 0:56.0 | How you doing, consumer? |
| 0:58.0 | From Marketplace, I'm Nancy Marshall Genser in for David Brancaccio. |
| 1:02.0 | We get retail sales data tomorrow morning. |
| 1:05.2 | This will give us another peek into how consumers are doing right now. |
| 1:08.8 | As we inch closer to the holiday shopping season, a new forecast out from Deloyd predicts holiday spending is likely |
| 1:15.6 | to grow this year, but not quite as much as it did in the past few years. |
| 1:20.5 | Marketplace's Samantha Fields has more. |
| 1:23.0 | Coming out of the pandemic, consumers went big for the holidays. |
| 1:26.0 | Spending jumped more than 15% in 2021 and 7.6% in 2022. |
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