The Indicator from Planet Money cover image

The economic challenges facing men without college degrees

The Indicator from Planet Money

00:00

Why PCE is used to measure wage buying power

Richard explains using PCE for inflation because it captures substitution and better reflects paycheck purchasing power.

Play episode from 05:06
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app