Jul 27, 2018

Why consumers are on a spending spree

HTML EMBED:
COPY

(Markets Edition) Second-quarter GDP numbers are out, revealing that the economy grew 4.1 percent. A major driver of this: increased consumer spending. We'll take a look at some of factors that are fueling this behavior. Afterwards, we'll recap yesterday's testimony from Robert Lighthizer, the U.S. Trade Representative,  in front of Congress about major trade issues, and then we'll discuss how Puerto Rico is looking to private investors to help with its financial struggles. Today's show is sponsored by Abby Connect (Abbyconnect.com/morning), Carbonite (Carbonite.com), and Indeed (Indeed.com/marketplace). (07/27/2018)

Segments From this episode

Puerto Rico looks to private sector after insolvency

Jul 27, 2018
Private companies now manage public airports, water meters and the electric grid.
A view of damaged homes in San Juan, Puerto Rico, the day after Hurricane Maria made landfall on September 21, 2017.
Alex Wroblewski/Getty Images

(Markets Edition) Second-quarter GDP numbers are out, revealing that the economy grew 4.1 percent. A major driver of this: increased consumer spending. We’ll take a look at some of factors that are fueling this behavior. Afterwards, we’ll recap yesterday’s testimony from Robert Lighthizer, the U.S. Trade Representative,  in front of Congress about major trade issues, and then we’ll discuss how Puerto Rico is looking to private investors to help with its financial struggles. Today’s show is sponsored by Abby Connect (Abbyconnect.com/morning), Carbonite (Carbonite.com), and Indeed (Indeed.com/marketplace). (07/27/2018)

The team

Stephen Ryan Producer, BBC