According to my Magic 8 Ball …
Jan 8, 2024

According to my Magic 8 Ball …

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Some 2024 economic predictions, from gas prices to consumer credit. Plus, used car wholesale auctions go digital.

Segments From this episode

Delinquency rates rise for some types of household debt

Jan 8, 2024
But other positive factors in the economy are limiting the potential damage, economists say, like low unemployment.
Loan delinquencies are rising the most among young borrowers, low-income borrowers and borrowers with multiple types of debt.
Sefa Ozel/Getty Images

After the long night of inflation, consumers finally expect to see the sun

Jan 8, 2024
Consumers forecast inflation at 3% a year from now, the lowest their short-term expectations have been in three years.
One reason consumers are feeling better about inflation is that major price hikes for essentials like gasoline and eggs appear to be in the past. But that doesn't mean prices will fall.
Justin Sullivan/Getty Images

Four years ago, used car auctions went virtual. Many haven't gone back.

Jan 8, 2024
For a long time, the only way for dealers to buy at wholesale used car auctions was to go in person. Now, many of those auctions take place online.
For a long time, the only way for car dealers to buy at auction was to go to one in person. Many have moved to online simulcast.
Chip Somodevilla/Getty Images

Gas prices inch down as outlook appears stable

Jan 8, 2024
Gas is close to the $3 per gallon mark and has broken that in parts of the South.
In some parts of the South, gas prices are already below $3 a gallon. Above, a Chevron gas station in Austin, Texas.
Brandon Bell/Getty Images

Houston has bucked the trend in homelessness. Can it afford to keep it up?

Jan 8, 2024
The city has been lauded for getting people into homes. But higher housing costs and expiring funding may put programs in jeopardy.
Houston's homelessness response network helped Derrick Escobedo find permanent housing — his first home ever.
Elizabeth Trovall/Marketplace

Small ski resorts face uphill battle with snow shortfalls

Jan 8, 2024
As climate change makes winter snowfall uncertain, selling lift tickets gets trickier — especially at smaller, locally owned resorts.
In the past, White Pine ski resort in Wyoming has been able to open by Dec. 1, but this year there was not enough snow for the resort to open by Christmas.
Caitlin Tan/Wyoming Public Media

Music from the episode

Kick, Push Lupe Fiasco
Dream Chorus TOKiMONSTA
Harvest Moon Poolside
Jeremy's Storm Tame Impala
Magic Spell This Is The Kit
Vide Noir Lord Huron

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sarah Leeson Producer I
Sean McHenry Director & Associate Producer II
Richard Cunningham Associate Producer I
Sofia Terenzio Assistant Producer
Jordan Mangi Assistant Digital Producer