Aug 11, 2023

Don’t lose sleep over the uptick in producer prices

Spencer Platt/Getty Images

Inflation in the services sector helped push up July's producer prices, but the increase is unlikely to last. Then, why scuba diving is booming in landlocked New Mexico.

Segments From this episode

The Weekly Wrap

by Kai Ryssdal

What it will take to get people to feel better about the economy? And what even is “Bidenomics” anyway? Marketplace host Kai Ryssdal is joined by Catherine Rampell of The Washington Post and Linette Lopez at Business Insider to discuss and unpack more of this week’s economic news.

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Producer prices rose in July, but that's not all that concerning

by Justin Ho

Aug 11, 2023

Services prices helped push up the producer price index in July. But that increase likely isn't a lasting one.

An uptick in stock prices has led to an increase in management fees investment portfolios, which was a big portion of services inflation in July.

Michael M. Santiago/Getty Images

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Guess where more new homes are being built: California or Texas?

by Elizabeth Trovall

Aug 11, 2023

Last year, more new homes were built in Dallas and Houston than in all of California, thanks in part to cheap and plentiful land.

While new construction in California, top, often gets bogged down by red tape, new builds make up more than a third of home inventory in Houston.

Justin Sullivan/Getty Images; Spencer Platt/Getty Images

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Will demand for oil slow or remain steady in 2024?

by Henry Epp

Aug 11, 2023

The International Energy Agency expects demand to grow, but more slowly than this year. OPEC expects it to stay about the same.

As oil demand grows around the world this year, agencies are divided on next year's demand projections.

Christopher Furlong/Getty Images

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Please explain: Why is New Mexico a hotbed for scuba diving?

by Savannah Maher

Aug 11, 2023

There are three scuba diving schools in a small area of Albuquerque — 12 hours away from the ocean.

A group of Scuba Co. student divers at the Blue Hole in Santa Rosa, New Mexico.

Courtesy Loring Schaible

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Music from the episode

Becoming a tree Richard Houghten

Timeless J Dilla`

Redbone Childish Gambino

Flutter Mocky

Any Song ZICO

Can't Let Go, Juno Kishi Bashi

The team

Nancy Farghalli Executive Producer

Maria Hollenhorst Producer II

Andie Corban Producer I

Sarah Leeson Producer I

Sean McHenry Director & Associate Producer II

Richard Cunningham Associate Producer I

Dylan Miettinen Associate Digital Producer

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