What’s so good about PCE?
Aug 31, 2023

What’s so good about PCE?

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

Segments From this episode

Why the Fed cares about the PCE price index

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

How the Biden administration's overtime proposal could play out

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

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