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Aug 30, 2024

Spending more, saving less

That’s a key takeaway from the July personal consumption expenditures report. We’ll explain what it all means. Plus, what the heck is a fiscal year?

The Weekly Wrap
by Kai Ryssdal
“Marketplace” host Kai Ryssdal talks to Jeanna Smialek at the New York Times and Nela Richardson at ADP about the today’s personal consumption expenditure index data release, sentiment towards the upcoming rate cut, and what economic data revisions means.
How do corporate tax rate changes affect the economy?
by Sabri Ben-Achour
ronstik/iStock/Getty Images
Corporate tax policy is a big election issue, partly because those taxes can be a key source of revenue for the government.
What's a fiscal year?
by Sofia Terenzio
“Marketplace” host Kai Ryssdal explains why some companies and the federal government take different 12-month approaches to measuring a year.
Americans are spending a lot and not saving much. Economists aren’t too worried. Yet.
by Caleigh Wells
Robert Nickelsberg/Getty Images
One reason? Savings rates are coming down from a high early in the pandemic, when many Americans were able to hold on to extra cash.
Why investment in public pools took a dive
by Kai Ryssdal and Sofia Terenzio
Ed Jones/AFP via Getty Images
As summer temperatures rise, some see the public pool as climate adaptation infrastructure, says journalist Eve Adams.