Tariffs. Consumer sentiment. Cape Ratio. Pick The Indicator of The Year!
19 December 2025

Tariffs. Consumer sentiment. Cape Ratio. Pick The Indicator of The Year!

The Indicator from Planet Money

About
2025 was a wild year for the U.S. economy. Tariffs transformed the global economy, consumer sentiment hit near-historic lows, and the stock market hit scary, spooky, blood-curdling new heights! So … which of these economic stories defined the year? 

Our hosts from Planet Money and The Indicator duke it out during our annual … Family Feud!

Tell us who you think has THE indicator of the year by emailing us at indicator@npr.org. Put “Family Feud” in the subject line. 

Related episodes:


The Indicators of this year and next 

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What would it mean to actually refund the tariffs?

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