Marketplace Are we spending more because we can, or because we have to?
36 snips
Nov 12, 2025 
This week’s guest is Chelsea Delaney, a journalist at The Wall Street Journal, who sheds light on the surprising economic shifts in Europe, where northern economies are struggling while southern ones thrive. The discussion delves into the paradox of rising consumer spending amid increasing prices, and the alarming rise in subprime auto loan delinquencies. Listeners also explore the motivations behind a spike in mortgage applications during a typically slow season, challenging previous assumptions about spending habits.
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Spending Up, Quantity Flat
- Consumers spent more in October but did not buy more physical goods.
- Higher spending largely reflects higher prices from inflation and tariffs.
Make A Holiday List First
- Make a list before holiday shopping to avoid impulse buys and stay on budget.
- Stick to planned purchases to prevent overspending amid higher prices.
Said Versus Actual Holiday Spending
- Holiday spending may rise despite consumers saying they'll spend less.
- Strong fundamentals like wages, wealth, and low unemployment support higher spending.