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Consumers' collective feeling about the economy isn't matching our spending behavior

By Sarah Gonzalez
Published December 18, 2025 at 3:56 PM MST

There's a puzzling split between how consumers overall feel about the economy and how they're acting, how much they are spending overall. Normally spending and feelings go together. Not right now.

Copyright 2025 NPR
Sarah Gonzalez
Sarah Gonzalez is a host and reporter with Planet Money, NPR's award-winning podcast that finds creative, entertaining ways to make sense of the big, complicated forces that move our economy. She joined the team in April 2018.