The Indicator from Planet Money How's ... everybody doing?
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Mar 25, 2025 What’s the mood of the U.S. economy in 2025? From southern street parties to a bookstore in L.A., voices reveal a tapestry of financial feelings. Some see opportunity amid market decline, while others grapple with job fears and high prices. The mix of frustration and optimism paints a complex picture of consumer sentiment, showcasing how personal experiences shape individual perspectives. It’s a fascinating exploration of how people are navigating economic turbulence.
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Inflation and Consumer Behavior
- People are talking about high prices, even though current inflation is relatively low.
- This impacts spending and saving decisions across the US.
Aggressive Saving
- Isis Benson, a sales professional, saves aggressively, between $400 and $600 monthly.
- She lives below her means, demonstrating a trend of increased saving amid economic uncertainty.
Business Impact
- Rob Carpenter's cleaning business is down 30% due to reduced consumer spending.
- Upper-middle-class clients are cutting back more than high-income clients.