Kai Risdahl

I'm Kai Rosdahl.

We will see you tomorrow, everybody.

This is APM.

We'll do wages and prices.

We'll do companies you probably didn't know are actually companies anymore.

And why would you cut up a perfectly good house and truck it all the way across town?

From American Public Media, this is Marketplace.

In Los Angeles, I'm Kyle Rizdahl.

It is Monday today.

This one is the 8th of June.

Good as it always is to have you along, everybody.

We're going to start today right at the intersection of where consumers are feeling the pain in this economy right now.

We'll get an inflation update on Wednesday morning.

It will be the Consumer Price Index for May.

The CPI, as you well know, has been trending up since the president started his war with Iran.

It was 3.8 percent in April.

That is year-on-year data.

And the May update is going to come with some important context.

Last Friday in the May unemployment report, average hourly earnings, that's labor economists speak for how much we're all making.

It rose 3.4 percent year on year.