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

2025-01-12 00:20:28 source: category:Finance

Eight times a year, 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:Finance

Recommend

Detroit-area police win appeal over liability in death of woman in custody

DETROIT (AP) — The Michigan Court of Appeals has ruled in favor of police and dismissed a lawsuit al

NCAA baseball tournament: 7 MLB draft prospects to watch on road to College World Series

When Major League Baseball pushed its annual draft back five weeks to coincide with the All-Star Gam

Bisons catcher Henry hit by backswing, hospitalized; Triple-A game is called after ‘scary incident’

SYRACUSE, N.Y. (AP) — Buffalo Bisons catcher Payton Henry was hospitalized Friday night after he was