Some things haven’t changed
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 11 February 2025
⏱️ 29 minutes
🧾️ Download transcript
Summary
A series of policy changes are hitting the economy, but some aspects of consumer behavior have yet to demonstrate change. A Federal Reserve survey shows Americans still gauge future inflation at 3%. And we continue to spend 40% of our food budget on eating out and 60% on meals at home. Also in this episode, insurance and property taxes contribute to the housing affordability crisis, steel and aluminum are tariffed together but serve different markets, and only some states require vehicle safety inspections.
Transcript
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| 0:57.7 | On the program today, a tale of two metals. |
| 1:03.0 | What we are eaten and what we are drinking, |
| 1:06.4 | and cars and the regulation thereof. |
| 1:10.0 | From American Public Media, this is Marketplace. |
| 1:19.3 | In Los Angeles, I'm Kyle. |
| 1:25.2 | It is Monday. |
| 1:26.7 | Today, this one is the 10th of February.. Good as always, to have you along, everybody. |
| 1:31.3 | So, steel and aluminum. Aluminum and steel. At this point, they just kind of go together, right? |
| 1:39.8 | The two critical industrial metals have been joined at the proverbial hip since 2018 and the first round of Trump tariffs. |
| 1:47.3 | With a second round on the way, it's worth a note that the two metals, the industries that produce them and the markets they serve are actually quite different. |
| 1:58.1 | Marketplace's Mitchell Hartman gets us going today. |
| 2:00.5 | Let's start with steel. |
| 2:02.1 | The U.S. produces most of what it uses. After Trump imposed tariffs during his first administration, |
| 2:08.4 | domestic production rose, says Jennifer McEwen at Capital Economics. |
| 2:13.3 | The import share of steel in the US has been falling since 2018. |
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