Should we fret over rising household debt?
Marketplace All-in-One
Marketplace
4.8 • 1.3K Ratings
🗓️ 6 August 2025
⏱️ 27 minutes
🧾️ Download transcript
Summary
The latest household debt report from the New York Federal Reserve is in. Delinquencies are on the rise — specifically, student loan delinquencies spiked into the double-digits. Experts say the news isn’t too alarming, even as consumers lean more on borrowing to get by. Also in this episode: Audi might build a U.S. factory to save on tariffs, a drop in international students could cost the U.S. economy, and Tennessee bans community benefits agreements.
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Transcript
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| 0:00.0 | If you've shopped online, chances are you've bought from a business powered by Shopify. |
| 0:05.6 | You know that purple shop pay button you see at checkout? |
| 0:08.4 | The one that makes buying so incredibly easy? |
| 0:11.1 | That's Shopify. |
| 0:12.1 | And there's a reason so many businesses sell with it, |
| 0:15.0 | because Shopify makes it incredibly easy to start and run your own business. |
| 0:19.8 | Shopify is the commerce platform behind millions of |
| 0:22.2 | businesses around the world, from household names like Mattel and Jimshark to brands just getting |
| 0:26.8 | started. If you want to see less carts being abandoned, it's time for you to head over to Shopify. |
| 0:32.8 | Sign up for a one pound per month trial and start selling today at Shopify.co.com. |
| 0:37.9 | UK slash Marketplace 22. |
| 0:40.6 | Go to Shopify.com. |
| 0:42.3 | UK slash Marketplace 22. |
| 0:47.0 | In which the theme of the program is economic headwinds. |
| 0:53.1 | From American Public Media, this is Marketplace. |
| 1:01.1 | In Los Angeles, I'm Kyle Rizzdahl. |
| 1:07.5 | It is Wednesday, today, 6 August. |
| 1:10.2 | Good as always to have you along, everybody. |
| 1:12.9 | This whole tariff imbrolio in which we find ourselves, I mean, it's a lot of things. It is, of course, the biggest headwind. |
| 1:21.4 | For consumers, it's higher prices. For companies, it's that too, but also a question of cost-benefit analysis, because when you get right down to brass tax, they've got to do some math those companies do. |
| 1:33.1 | What is going to cost them less? |
| 1:35.3 | Choosing to make whatever it is that they sell overseas and deal with the tariffs when they bring it into this country, or just making it here. |
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