Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Horsley spent a decade on the White House beat, covering both the Trump and Obama administrations. Before that, he was a San Diego-based business reporter for NPR, covering fast food, gasoline prices, and the California electricity crunch of 2000. He also reported from the Pentagon during the early phases of the wars in Iraq and Afghanistan.
Before joining NPR in 2001, Horsley worked for NPR Member stations in San Diego and Tampa, as well as commercial radio stations in Boston and Concord, New Hampshire. Horsley began his professional career as a production assistant for NPR's Morning Edition.
Horsley earned a bachelor's degree from Harvard University and an MBA from San Diego State University. He lives in Washington, D.C.
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Retail spending rose more than expected last month, capping off a solid holiday shopping season.
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Attacks by Houthi rebels continue to disrupt shipping in the Red Sea. But so far the economic fallout has been relatively muted.
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After a rapid jump in recent years, rents have begun to level off around the country. And in some areas, rents are even falling.
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Overall CPI in December was up 3.4% from a year ago. The cost of motor vehicle insurance rose 1.5% in December from November, marking a 20.3% increase compared to the previous year. -
U.S. employers added 216,000 jobs in December, capping off a solid year for the labor market. Businesses added 2.7 million jobs in 2023, despite the weight of rising interest rates.
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U.S. employers added 216,000 jobs in December, as the unemployment rate held steady at 3.7%. The labor market proved resilient in 2023, despite rising interest rates. -
The economic outlook has improved considerably from this time last year, when many forecasters were predicting a recession in 2023.
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How did the cost of life in America change this year? Prices overall continued to climb, though more slowly than they had been. And some actually fell.
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People in much of the country should enjoy lower heating bills this winter. But many families are still struggling with the cost of staying warm.
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Inflation eased this year, and wages are now climbing faster than prices. Americans are still spending, even if they have to borrow money to do so.
