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Some good news out of today’s personal consumption expenditures report, which tracked consumer spending in November. Disposable personal income rose, as did the personal savings rate. And some prices fell for the first time since spring 2020. Will consumer sentiment finally catch up to the improving inflation situation? Also in this episode: the wild ride NFTs have taken over the past few years and a debate between affordable housing and wetland restoration in one San Francisco Bay Area town.
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Some good news out of today’s personal consumption expenditures report, which tracked consumer spending in November. Disposable personal income rose, as did the personal savings rate. And some prices fell for the first time since spring 2020. Will consumer sentiment finally catch up to the improving inflation situation? Also in this episode: the wild ride NFTs have taken over the past few years and a debate between affordable housing and wetland restoration in one San Francisco Bay Area town.
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