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The U.S. Economy in 2024: Consider this from NPRExBulletin

The U.S. Economy in 2024: Consider this from NPRExBulletin

 


A person shops at a Whole Foods Market grocery store on December 17, 2024 in New York. Grocery prices recently saw their largest monthly increase since January 2023, with the price of eggs alone increasing by 8.2%. Spencer Platt/Getty Images .

rock caption Spencer Platt/Getty Images

A person shops at a Whole Foods Market grocery store on December 17, 2024 in New York. Grocery prices recently saw their largest monthly increase since January 2023, with the price of eggs alone increasing by 8.2%.

Spencer Platt/Getty Images

By most objective measures, the U.S. economy is doing well. Employers created about 2 million jobs this year. Unemployment is low. In much of the country, gasoline now sells for less than $3 a gallon.

The Economist called the United States' performance “the envy of the world.”

But even though the United States outperforms most other countries, many Americans remain frustrated by the high cost of living. And that fueled a lot of discontent and a political comeback from President-elect Donald Trump.

Trump will soon take the reins of an economy that has rebounded strongly during his four years in office. For many families, however, that recovery has been overshadowed by soaring prices for food, housing and other basic necessities.

Will his policies reduce costs? Or revive inflation?

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Email us at [email protected].

This episode was produced by Kathryn Fink. It was edited by Courtney Dorning and Rafael Nam. Our executive producer is Sami Yenigun.

Sources

1/ https://Google.com/

2/ https://www.npr.org/2024/12/23/1221439455/the-numbers-were-good-but-feelings-were-bad-the-us-economy-in-2024

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