Nov 11, 2021

Inflation, inflation, inflation

Spencer Platt via Getty Images

Inflation — it's everywhere in our economy. Today, we take a look at how it's impacting rents, tax brackets, even fertilizer.

Segments From this episode

What rising rents mean for inflation

by Sabri Ben-Achour

Nov 11, 2021

Inflation on a larger scale is "transitory," we've been told by the Fed. But "rent growth is gonna remain strong," one experts says

In October, median net-effective rents for Manhattan apartments with no doorman increased by a 7.4% year over year, whereas apartments with doormen increased by 24.9%. Above, apartments on the Lower East Side of Manhattan.

Drew Angerer via Getty Images

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Farmers face rising fertilizer prices and supply constraints

by Andy Uhler

Nov 11, 2021

A big reason fertilizer is through the roof? Still-climbing natural gas prices.

Natural gas prices are at historic highs, and natural gas accounts for up to 90% of the operating cost of producing fertilizer.

JackF via Getty Images

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Congress' budget gurus may slow down Biden’s Build Back Better plan

by Kai Ryssdal and Richard Cunningham

Nov 11, 2021

Zach Moller talks about what a Congressional Budget Office score is and how it affects legislation.

Roosevelt Forward CEO Felicia Wong says President Biden and congressional Democrats may be able to implement their economic priorities through laws they already passed, such as the Infrastructure Investment and Jobs Act and the CHIPS and Science Act.

Win McNamee via Getty Images

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What California's new law means for garment workers and businesses

by Caroline Champlin

Nov 11, 2021

The law will guarantee an hourly wage for workers, but higher labor costs will put pressure on many small factories.

Garment worker Francisco Tzul has recently started working for a sewing contractor that pays an hourly wage rather than a piece rate.

Caroline Champlin/Marketplace

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IRS updates tax brackets in response to inflation

by Amanda Peacher

Nov 11, 2021

The IRS adjusted more than 60 tax provisions, including rate schedules, to take rising prices into account.

Following the news of decades-high inflation in the U.S. economy, the IRS released new rates for the standard deduction and tax brackets.

Chip Somodevilla via Getty Images

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Why did the outdoor economy suffer in 2020 when more of us were outside?

by Samantha Fields

Nov 11, 2021

Lockdowns, public lands closures, supply chain disruptions and travel restrictions took a toll. But many outdoor retailers still had a great year.

More Americans got out and about biking, fishing and hiking amid COVID-19 in 2020. Above, a bike shop owner repairs a tire in Brooklyn.

Michael M. Santiago via Getty Images

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Music from the episode

Adventure Monster Rally

Easy To Get Hot Chip

Everyday Is a New Start Sun Glitters

Mystik Tash Sultana

Natural Green Blazo

Meet Me in the Woods Lord Huron

Eple Röyksopp

The team

Nancy Farghalli Executive Producer

Daisy Palacios Senior Producer

Maria Hollenhorst Producer

Sean McHenry Associate Producer

Andie Corban Associate Producer

Richard Cunningham Associate Producer

Dylan Miettinen Associate Digital Producer

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