GDP growth comes at expense of consumer savings

Marketplace examines a paradox in the latest economic data: GDP grew at a 3.4% annual rate in the third quarter while prices rose 3.6%, yet the consumer savings rate — a key financial cushion — is falling. The episode asks when strong topline figures will catch up to a more precarious consumer reality, as unemployment sits near a 57-year low that doesn't match how the labor market actually feels. Other stories include Alphabet's stock slide after disappointing earnings, China's claim to 'developing' status despite being the world's second-largest economy, and the devastating effect of unusual spring weather on apple orchards.