Anna Helhoski

Now, as a reminder, GDP measures the output of all goods and services across the economy. And in part, we can pat ourselves on the back for the boost in that number. Consumer spending was up 3.7%, adjusted for inflation.

Meanwhile, I had to replace my brakes and my tires. Lucky me.

Meanwhile, I had to replace my brakes and my tires. Lucky me.

Meanwhile, I had to replace my brakes and my tires. Lucky me.

Two massive hurricanes, Helene and Milton, plus a significant labor strike at Boeing, all of which took people out of the employment picture. And just to update, those 33,000 striking workers at Boeing approved a new contract this week, so they'll be going back to work. Meanwhile, the unemployment rate stayed steady at 4.1%, with about 7 million people unemployed.

Two massive hurricanes, Helene and Milton, plus a significant labor strike at Boeing, all of which took people out of the employment picture. And just to update, those 33,000 striking workers at Boeing approved a new contract this week, so they'll be going back to work. Meanwhile, the unemployment rate stayed steady at 4.1%, with about 7 million people unemployed.

Two massive hurricanes, Helene and Milton, plus a significant labor strike at Boeing, all of which took people out of the employment picture. And just to update, those 33,000 striking workers at Boeing approved a new contract this week, so they'll be going back to work. Meanwhile, the unemployment rate stayed steady at 4.1%, with about 7 million people unemployed.

Yeah, the 12,000 jobs added to the economy was the slowest since December of 2020, just a few months into the pandemic. And finally, test this week, because there's not enough going on already. The Federal Reserve's Open Market Committee is meeting to talk interest rates. Everything we just mentioned around GDP and jobs will be fodder for any decisions around lowering the federal funds rate.

Yeah, the 12,000 jobs added to the economy was the slowest since December of 2020, just a few months into the pandemic. And finally, test this week, because there's not enough going on already. The Federal Reserve's Open Market Committee is meeting to talk interest rates. Everything we just mentioned around GDP and jobs will be fodder for any decisions around lowering the federal funds rate.

Yeah, the 12,000 jobs added to the economy was the slowest since December of 2020, just a few months into the pandemic. And finally, test this week, because there's not enough going on already. The Federal Reserve's Open Market Committee is meeting to talk interest rates. Everything we just mentioned around GDP and jobs will be fodder for any decisions around lowering the federal funds rate.

There is speculation among economists and other market watchers that we'll see a quarter point cut following the big half point cut in September. But you never know until you hear it from the chair himself. So we'll have more on that in next week's episode.

There is speculation among economists and other market watchers that we'll see a quarter point cut following the big half point cut in September. But you never know until you hear it from the chair himself. So we'll have more on that in next week's episode.

There is speculation among economists and other market watchers that we'll see a quarter point cut following the big half point cut in September. But you never know until you hear it from the chair himself. So we'll have more on that in next week's episode.

Today's episode was produced by Tess and myself and edited by Rick Vanderkneife.

Today's episode was produced by Tess and myself and edited by Rick Vanderkneife.

Today's episode was produced by Tess and myself and edited by Rick Vanderkneife.

And with that said, until next time, turn to the nerds.

And with that said, until next time, turn to the nerds.

And with that said, until next time, turn to the nerds.