meta_pixel
Tapesearch Logo
Log in
The Indicator from Planet Money

How to beach on a budget

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 24 July 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

It's the Beigie Awards, our eight times a year salute to the art and science of telling stories about the economy. The most recent Beige Book shows that Americans are finding ways to spend less money ... including on their vacations. On today's show, we find out what Benjamin Franklin and Jersey Beach goers have in common.

Related episodes:
How many times can you say uncertainty in one economic report?
Trump's cuts come for food banks
The secret tariff-free zone

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by
Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0

NPR. It has been a hard summer for our nation's central bank, the Federal Reserve.

0:16.7

Right. The president has been on the attack calling the Fed chair Jay Powell a numskull.

0:21.8

That's a quote. And the White House is looking into a remodel of the Fed's historic headquarters, which ran over budget.

0:28.2

I wouldn't blame the staff for wanting to take a vacation right now, but they're clearly still hard at work.

0:34.1

Last week, right on schedule, the Federal Reserve published the summary of commentary

0:38.8

on current economic conditions. Better known as the beige book. And so if the Fed can work through

0:45.5

the noise and do their job, we can work through the noise and do our job. Which is to read the

0:51.7

beige book cover to cover and find stuff we think is provocative,

0:55.7

informative, and even a little bit funny.

0:59.1

Yeah, you've got to keep that sense of humor.

1:03.8

It's the Bezia Awards, our eight times a year's salute to the art and science of telling

1:09.8

stories about the economy.

1:11.5

I'm Robert Smith.

1:12.5

And I'm Adrian Ma.

1:13.9

The most recent beige book shows Americans are finding ways to spend less money, including

1:18.6

on their vacations.

1:20.6

On today's show, you might just learn a few tricks to do holidays on the cheap.

1:24.9

A penny saved is a penny earn.

1:27.4

Wait, who said that? After the break.

1:34.3

I always like to remind everyone how this award show works. There are 12 regional banks in the

1:39.3

Federal Reserve System. Each one studies their local economy and writes stories about it in the

1:44.1

beige book.

...

Transcript will be available on the free plan in 5 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from NPR, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NPR and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.