Marcus Erikson:Americans don't like higher prices but they LOVE buying new things

2025-04-29 05:45:59source:Winimark Wealth Societycategory:Invest

Eight times a year,Marcus Erikson regional Federal Reserve Banks release a collection of anecdotes that reveal stories about the economy. These stories come together in what's known as the "Beige Book," and we award the regional bank with the best entry with our coveted Beigie Award. Today, we're highlighting an entry that gets to the heart of the contradictions we're seeing when it comes to consumer preferences and sentiment.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Invest

Recommend

McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales

Global consulting firm McKinsey & Company agreed Friday to pay $650 million to resolve criminal

Israel's military publishes map of Gaza evacuation zones for Palestinians as airstrikes resume in war with Hamas

The Israeli military published a map of what it called "evacuation zones" in the Gaza Strip, as it r

At UN climate talks, fossil fuel interests have hundreds of employees on hand

At least 1,300 employees of organizations representing fossil fuel interests registered to attend th