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Americans are still spending money, even with recession fears. What gives? episode artwork

EPISODE · Aug 12, 2022 · 19 MIN

Americans are still spending money, even with recession fears. What gives?

from The Week in Philly from KYW Newsradio · host Audacy

Economy got you down? We get it. Interest rates have soared. Inflation has been surging. A recession could be on the horizon...yet based on the numbers, we're still spending money, despite our decreasing confidence in the economy. What factors are driving this inherently contradictory trend? Which demographics of people are being disproportionately affected the most? Is there any end in sight? La Salle University Associate Professor of Marketing Dr. Meghan Pierce offers some answers, and tries to help us make sense of a very whacky economic moment. 

What this episode covers

Economy got you down? We get it. Interest rates have soared. Inflation has been surging. A recession could be on the horizon...yet based on the numbers, we're still spending money, despite our decreasing confidence in the economy. What factors are driving this inherently contradictory trend? Which demographics of people are being disproportionately affected the most? Is there any end in sight? La Salle University Associate Professor of Marketing Dr. Meghan Pierce offers some answers, and tries to help us make sense of a very whacky economic moment.

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Americans are still spending money, even with recession fears. What gives?

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Frequently Asked Questions

How long is this episode of The Week in Philly from KYW Newsradio?

This episode is 19 minutes long.

When was this The Week in Philly from KYW Newsradio episode published?

This episode was published on August 12, 2022.

What is this episode about?

Economy got you down? We get it. Interest rates have soared. Inflation has been surging. A recession could be on the horizon...yet based on the numbers, we're still spending money, despite our decreasing confidence in the economy. What factors are...

Can I download this The Week in Philly from KYW Newsradio episode?

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