Business

China's luxury liquor indicator

If you regularly listen to The Indicator, you know China's economy is not doing great. Over the last few years, indicators like unemployment and local debt are up, and consumption and property sales are down.

There is one big indicator that's been a bellwether for China's economy ... booze. One specific kind: Baijiu.

In today's episode, a quick history on baijiu and how the liquor is a potent symbol for consumer confidence in China.

Related Episodes:
China's weakening economy in two Indicators
The Beigie Awards: China Edition

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Rooftop solar's dark side

4.5 million households in the U.S. have solar panels on their homes. Most of those customers are happy with it - their electricity bills have just about disappeared, and it's great for the planet. But thousands and thousands of people are really disappointed with what they've been sold. Their panels are more expensive than they should be, and they say it is hard to get someone to come fix them when they break.

It turns out this sometimes crummy customer experience is no accident. It ties back to how big, national solar companies built their businesses in the first place. To entice people to install expensive solar panels, companies developed new financing models which cut upfront costs for customers. And they deployed lots and lots of salespeople to grow their businesses. But in the drive to get more households installing solar panels, consumer costs went up and the focus seemed to shift away from making sure those panels actually worked. All of this left some consumers feeling like they've been sold a lie.

On today's episode, we look into how the residential solar business model has turned some people sour on solar. And we'll try to figure out where the industry could go from here.

Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Greece allows a 6-day work week and other indicators

On Indicators of the Week, we cover the numbers in the news that you should know about. This week, we cover an encouraging trend for global wealth, closing Mexico's tariff loophole and the European nation bucking the trend of shorter work weeks.

Related episodes:
Why tariffs are SO back (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.