Aug 31, 2023

What’s so good about PCE?

Robert Nickelsberg/Getty Images

Its the indicator all the cool kids of economics look to for the state of consumer spending. Plus, overtime pay and China's economy.

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Why the Fed cares about the PCE price index

by Nancy Marshall-Genzer

It measures money spent by consumers plus money spent on behalf of consumers.

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How the Biden administration's overtime proposal could play out

by Justin Ho

Aug 31, 2023

The proposal would most likely affect low-to-middle income earners in supervisory roles.

The new overtime rule will primarily affect low to middle-income salaried workers, especially those in supervisory roles.

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The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Alex Schroeder Producer

Ariana Rosas Producer

Jordan Mangi Digital Producer

Jesson Duller Media Producer

Nick Esposito Media Producer

James Graham Producer, BBC

Jo Critcher Producer, BBC

Olie D'Albertanson Producer, BBC

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