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GDP growth comes at expense of consumer savings

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Fresh data showed the economy grew faster than expected, at a 3.4% annual rate in the third quarter. Prices grew too, by 3.6%. Robust consumer spending…

0:00 25:30

Episode Summary

Fresh data showed the economy grew faster than expected, at a 3.4% annual rate in the third quarter. Prices grew too, by 3.6%. Robust consumer spending tends to drive GDP, but the consumer savings rate — an important financial cushion — is falling. In this episode, when will strong topline economic figures catch up to…

Published October 29, 2026 · 25:30