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The Indicator from Planet Money

The state of the American consumer

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 10 December 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

Should we be worried about a recession? New polling shows that auto dealers certainly are. But leftover pandemic stimulus money is one of the biggest buffers holding one off.

2022 is almost over and we want to know what your favorite Indicator episode of the year is ... Email us at [email protected] and put "favorite Indicator" in the subject line. We'll reveal some of them at the end of the month!

Transcript

Click on a timestamp to play from that location

0:00.0

NPR.

0:12.5

This is the indicator from Planet Money, I'm Whalen Wong here with Darian Woods and

0:17.0

it is time for Indicators of the Week.

0:19.4

That's right and today we're focusing on a very special group of people for the world

0:24.9

economy.

0:25.9

It is the American consumer.

0:27.7

That's me, I'm the American consumer.

0:29.9

You are, I'm a resident in America so I guess I am too, kind of.

0:34.9

You're still consuming in America?

0:36.4

I'm consuming in America at years.

0:38.4

And you know the American consumer is very important for the world economy because it

0:42.4

can have a big impact on what's going on in the rest of the world.

0:46.0

So today we're going to check in on the American consumer and to check our pulse, we're going

0:50.6

to look at one of the biggest things we spend our money on, cars.

0:53.8

We'll also look at how much cash Americans still have after the pandemic boom starts to

0:59.2

fade away.

1:00.2

So back off everybody, this is Indicators of the Week with the state of the American consumer.

1:10.9

This message comes from NPR sponsor Fundrise, a platform that makes investing in high-end

1:15.8

real estate easy.

1:17.2

You tell Fundrise your investing goals and Fundrise puts your money into the real estate

1:20.9

deals that are right for you.

1:22.7

Sign up for free at Fundrise.com slash indicator.

...

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