Tariffs. Consumer sentiment. Cape Ratio. Pick The Indicator of The Year!

2025 was a wild year for the U.S. economy. Tariffs transformed the global economy, consumer sentiment hit near-historic lows, and the stock market hit scary, spooky, blood-curdling new heights! So … which of these economic stories defined the year? Our hosts from Planet Money and The Indicator duke it out during our annual … Family Feud!Tell us who you think has THE indicator of the year by emailing us at [email protected]. Put “Family Feud” in the subject line. Related episodes:The Indicators of this year and next This indicator hasn’t flashed this red since the dot-com bubble What would it mean to actually refund the tariffs?For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Corey Bridges. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy