What have you always wondered about the economy? Tell Us
News In Brief

MIDDAY UPDATE: GDP up 2.6 percent, holiday shopping

Katharine Crnko Dec 22, 2010

U.S. Gross Domestic Product grew 2.6 percent in the third quarter. Stacey Vanek Smith spoke to Richard DeKaser, who explained while this is a good number, the GDP needs to be much higher to tackle jobless numbers.

With only two days til Christmas, retailers and shoppers alike are scrambling to make a deal. But will last-minute shoppers find the deals they’re used to days before Christmas? LA Times columnist David Lazarus examines retail numbers. Marketplace reporter Adriene Hill ventures out on a shopping expedition to find out which holiday gifts are as green as they say to be. Don’t miss the slideshow.

And finally, AARP released a report today that gauges how baby boomers are going about retirement. A trend of working past the age of 65 might turn out to be good for Uncle Sam.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.