The State of the U.S. Economy in 4 Numbers

<p>The typical sales price of an existing family home in the United States in December: 372,700. The number of layoffs in the tech sector since the beginning of the year: 76,000. The number by which consumer spending fell in December: 0.2 percent. The increase in the cost of the same kind of carton of eggs bought by an editor on “The Daily” a year apart: 251 percent.</p><p>What do these numbers tell us about the state of the country’s economy?</p><p>Guest: <a href="https://www.nytimes.com/by/ben-casselman?smid=pc-thedaily">Ben Casselman</a>, an economics and business reporter for The New York Times.</p><p>Background reading: </p><ul><li>The U.S.<a href="https://www.nytimes.com/2023/01/26/business/economy/gdp-q4-economy.html"> economy showed momentum at the end of 2022</a>, defying recession fears and displaying the resilience of consumers and businesses in the face of inflation and rising interest rates.</li></ul><p>For more information on today’s episode, visit <a href="http://nytimes.com/thedaily?smid=pc-thedaily">nytimes.com/thedaily</a>. Transcripts of each episode will be made available by the next workday. </p>