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Marketplace

Redefining the "college senior"

Marketplace

American Public Media

Business, News

4.68K Ratings

🗓️ 16 May 2025

⏱️ 26 minutes

🧾️ Download transcript

Summary

University retirement communities — where a college partners with a senior living community to provide residents access to classes, concerts, sporting events and more — are rising in the U.S. It's an attempt by some colleges to cater to the growing number of Americans over 65. We'll visit one just outside of Baltimore. Also: what a disconnect between hard data and soft data means for the Federal Reserve and how Chinese exporters are pivoting amid tariff uncertainty.

Transcript

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0:00.0

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0:21.7

And please donate directly to Marketplace as well.

0:24.8

Go to Marketplace.org slash donate to do that.

0:27.8

And thanks.

0:32.2

Well, let's see.

0:33.7

What has this economy brought to us this week?

0:37.3

Hmm? From American public media. This is Marketplace.

0:47.0

In Los Angeles, I'm Colin Rizzdall. It is Friday. Today, 16 May. Good as always to have you along, everybody.

0:58.8

So what would you like to talk about today? Inflation? Consumers? Tariffs, maybe.

1:05.7

Ah, never mind. Trick question. We're going to talk about all three. Courtney Brown is at Axios. Rachel Siegel is at the Washington Post. Hey, you too. Hi, Kai. Rachel Siegel, let me start with you. Sorry, I was having a minute

1:17.5

making up my mind there, who I was going to start with. I would like to start with inflation, Rachel.

1:21.8

I would like to point out that the CPI and the PPI this week, the Consumer Price Index and the producer price index, both came in pretty good.

1:29.3

But the observation here has to be made that this is all lagging data. Discuss.

1:35.3

Yeah, I don't want to be a downer because it is true that these reports came in softer than expected.

1:41.6

And that was even when we were getting all of this sense and anecdotes

1:45.5

from across the country that tariffs were already starting to raise prices. So we may be expected

1:49.4

to see a little bit more of that. Unfortunately, though, I think the real tell will be in the May

1:54.4

report, which will come out next month, that will give a little bit more of a comprehensive picture

1:59.2

over whether those price hikes really stuck,

2:01.5

whether they were cumulative enough across goods and services to show up in the data.

2:05.7

So I think it's a little too soon to say that this court from this week,

2:09.8

therefore said that tariffs aren't going to raise inflation, but if we check it again next month,

...

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