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	Podcast:		Marketplace with Kai Ryssdal
	Episode:		Are we spending more because we can, or because we have to?
	Category:		Business
	Duration:		00:25:37
	Publish Date:		2025-11-12 23:35:00
	Description:		Consumers may have revved up their spending in October, but spending more doesn’t mean getting more — prices are also up this holiday season. In this episode, why most shoppers feel like they're doing less with more. Plus: Auto loan delinquencies rise, mortgage applications heat up during an often-chilly season, and Kai explains the price-earnings ratio of the S&P 500, which is at a decades-high. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
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