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Meet the American consumer: anxious yet spend-happy

Marketplace

Marketplace

News, Business

4.68.5K Ratings

🗓️ 18 February 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Surveys show that Americans are concerned about the economy and inflation, yet retail sales remain strong. What’s behind the mismatch between what people are saying and how they’re spending? We, like the American consumer, try to make sense of it all. We’ll also interrogate how “bumpy” the road to disinflation is, see which home renovations are worthwhile and check in on the Valentine’s Day chocolate rush.

Transcript

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0:00.0

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0:05.7

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0:07.7

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0:17.3

not the case for Monso.

0:18.4

My name is Shun. I am the Founder of Target Trition.

0:21.6

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0:26.6

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0:30.3

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1:02.3

On the program today we are going to play another round of what the heck with this economy.

1:10.2

From American public media, this is Market Flags.

1:22.6

In Los Angeles, I'm Kyle Rizzo. I just fried it the 17th day of February. It is always

1:28.4

to have you along. Everybody, we are just going to jump right in what happened in this economy

1:33.2

this week and why it matters. Kate Davidson is a Bloomberg Jordan Holman. Is it the New

1:37.7

York Times? Hey you too. Hey, Kai. Hey, Kai. Let me start with you. I want to start with

1:44.1

inflation. We got the consumer price index. We got the producer price index this week,

1:49.1

both showing inflation still very much alive and well. I guess I wonder if after the

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