How water moves — or stalls — the economy
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 18 October 2023
⏱️ 28 minutes
🧾️ Download transcript
Summary
A fast-growing city in the Arizona desert wants to spend millions buying extra land just to access the water beneath it. Drought in the Panama Canal is causing headaches for a Pennsylvania customs broker. And in Texas, a shrinking water management workforce means utilities companies are recruiting high schoolers to join the trade. In this episode, we’ll dive into why water matters in this economy. Plus, small businesses navigate growing insurance premiums and teens try out LinkedIn.
Transcript
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| 0:00.0 | It's the sound of another sale on Shopify, the all-in-one commerce platform, to start, run, and grow your business. |
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| 1:35.0 | On the program today, the state of the housing industry and the state of the infrastructure that we need to make houses homes. |
| 1:44.0 | From American public media, this is Marketplace. |
| 1:47.0 | In New York, I'm Kristen Schwab and for Kyra's Doll. It's Wednesday, October 18th. Good to have you with us. |
| 2:02.0 | If you are in the market for a house, and well, even if you're not, you know it's rough out there. |
| 2:08.0 | Mortgage rates are the highest they've been since the year 2000, at 7.5%. |
| 2:14.0 | Meanwhile, would-be sellers, homeowners, they're locked into much lower rates, so they're sitting still. |
| 2:20.0 | And when homes do go on the market, they're listed high. |
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