Why gas costs more in California than Texas
Summary
Marketplace examines mixed economic signals from the Chicago Fed’s National Activity Index, highlighting strong manufacturing but slowing consumer spending. The episode explores the rise of wholesale clubs like Costco, the emerging concept of "climateflation," and the stark contrast between California’s refinery closures and Texas’s energy boom. Additionally, it covers Shein’s acquisition of Everlane and features a local bike shop owner in Los Angeles.
Topics discussed
Sponsors: Dell Pro and VantageScore
Chicago Fed National Activity Index and economic signals
Wholesale clubs attract higher-income shoppers
Climateflation: How climate change drives inflation
Energy divergence: California vs. Texas refining
Market numbers: Micron hits $1T, tech stocks rise
Sponsors: VantageScore, Dell, and Gusto
Shein acquires Everlane in fast fashion deal
My Economy: Bike shop owner in Los Angeles
Dow Jones turns 130 and show credits
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