The debt ceiling deadline, German economy, and happy workers

The Indicator from Planet Money

NPR

Business

4.7 • 9.2K Ratings

🗓️ 12 May 2023

⏱️ 9 minutes

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Summary

It's Indicators of the Week! We round up the economic indicators that caught our attention ... Germany's economic resilience comes in the form of a heat pump. As debt-ceiling negotiations continue, the debt default date continues to move around. And a new survey on job satisfaction that kind of surprised us.

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Transcript

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0:00.0	NPR.
0:07.0	This is the Indicator from Planet Money.
0:13.7	I'm Darien Woods.
0:14.7	I'm Adrian Ma.
0:15.7	And today we are joined by our colleague from Planet Money, Nick Fountain.
0:20.6	Here I am.
0:21.6	I am so excited to be here.
0:22.6	Let's indicate.
0:23.6	Today in the show, what we have got for you is a delicacy, if you will.
0:28.6	One worrying indicator sandwich between two delicious optimistic indicators.
0:34.7	We'll talk about a new report showing Germany's surprising economic resilience.
0:38.2	We'll also talk about the debt ceiling showdown and also worker job satisfaction.
0:43.3	All that is going to be after this break.
0:48.6	Okay it's Indicators of the Week.
0:50.6	Darien, why don't you go first?
0:52.4	My indicator is zero, which is roughly the amount the German economy grew over the last
0:58.0	year.
0:59.0	That's after accounting for inflation.
1:00.6	And while not growing is usually bad news, this is actually pretty good news.
1:07.4	But that's the smallest number.
1:10.0	Come on.
1:11.0	I'll explain.
	...

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