"You can't learn on an empty stomach"
Summary
Marketplace examines summer consumer spending as Home Depot beats expectations, though shoppers remain cautious due to inflation and economic uncertainty. The report highlights how recent policy changes have reduced SNAP enrollment, jeopardizing free school meals for millions of children. Additionally, housing starts dropped sharply as high mortgage rates and economic volatility keep many potential buyers on the sidelines, creating a market that favors only those with strong finances.
Topics discussed
Sponsor: Odoo business software
Retail earnings and consumer spending habits
Impact of SNAP cuts on free school meals
Sponsor: Optum healthcare services
Housing market shifts to buyer's market
Marketplace listener survey and giveaway
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