Sending money home

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 19 December 2023

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

When workers send money to their home countries, it can have a huge impact on local and national economies. Remittances to low and middle-income countries were up this year, and the U.S. was the biggest source. In this episode, we’ll get into why migrants and immigrants have been able to send more cash than they used to. Plus, alternative investments take a wild ride during the pandemic, Canada breaks into EV battery production and 2022 unemployment hit a record low, new data shows.

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.
0:08.0	Shopify is the commerce platform revolutionizing millions of businesses worldwide, covering all your sales channels,
0:16.3	from the Shopfront Ready POS system to its all-in-one e-commerce platform. Shopify even gets
0:22.2	you selling across social media marketplaces like Facebook,
0:25.6	Instagram and Tik-Tock.
0:27.6	It's time to get serious about selling and get Shopify today.
0:31.7	Sign up for a one pound per month trial period at Shopify today. today. Sign up for a one pound per month trial period at shopify.co. UK slash marketplace, all lower case.
0:39.3	Go to shopify.co.uk. marketplace to take your business to the next level today
0:45.3	Shopify dot co-dot UK slash marketplace
0:50.4	on the program today we will dabble in housing and electric vehicles and Legos.
1:00.0	From American public media, this is Marketplace.
1:07.0	In Los Angeles, I'm Kaar Rizdoll. It is Tuesday, today the 19th of December good as it always is to have you along everybody.
1:22.0	All right, to to begin correlation is not repeat not causation
1:27.6	that much we know. To continue though yeah Kai, but the data on housing starts today can't just be coincidence, can it?
1:37.0	Maybe, maybe not, but it sure is interesting.
1:41.0	Said starts the number of new private residential homes whose construction, you know, started,
1:48.0	was up in November and not just by a little bit either.
1:51.0	They surged nearly 15 15% pretty much blue
1:54.4	expectations out of the water.
1:56.2	Marketplace is Supreme Banishore does the compare and contrast the correlation and
2:00.5	causation if you will with interest interest rates, mortgage rates, and our American housing market.
2:06.0	Economists were predicting housing starts would actually fall last month, but no, they exploded.
	...

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