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Don’t lose sleep over the uptick in producer prices
Aug 11, 2023

Don’t lose sleep over the uptick in producer prices

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

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.

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

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

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

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

Will demand for oil slow or remain steady in 2024?

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

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

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

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