cover of episode Consumers are still consuming

Consumers are still consuming

2024/7/16
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Marketplace

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The retail sales report shows that despite rising prices, consumers are still spending, particularly on housing-related goods and online shopping, indicating a resilient consumer market.

Shownotes Transcript

Retail sales numbers released today show spending was flat last month. But if you look a little deeper, you’ll see Americans spent more in June than May. What does this mean for the Federal Reserve as it considers lowering interest rates? Also: Homebuilders are feeling a little less confident, and AI is trying to read emotions. Plus, the nocturnal sprint at UPS’ one-day-shipping hub.