Kai Risdahl
👤 SpeakerAppearances Over Time
Podcast Appearances
Kelly Silvera is the news director.
We will see you tomorrow, everybody.
On the program today, what we can learn about where this economy might be going by looking where it's been.
From American Public Media, this is Marketplace.
In Los Angeles, I'm Kyle Rizdahl.
It is Thursday today, April the 9th.
Good as always to have you along, everybody.
The news of the American economy comes to us today in the form of six simple letters, G, D, and P, and then P, C, and E. In layman's terms, that's gross domestic product and personal consumption expenditures, key measures of economic growth and price growth, inflation that is.
And I'm sorry to have to tell you that the indicator arrows are kind of going the wrong way.
Catherine Ann Edwards is a labor economist, also the host of the Optimist Economy podcast.
Catherine Ann, welcome back to the program.
It's good to have you on.
All right, so let's take it in order.
GDP, we learned this morning in the fourth quarter of last year, for economic growth, one half of 1% annualized.
Discuss, what do you make of that?
Do I detect you not being as concerned, perhaps, as others might be?
The next one, PCE, Personal and Consumption Expenditures Index.