Mark Zandi
American economistWikipedia
49
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35
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Search complete. 49 mentions across 35 episodes found for "Mark Zandi".
Oct 12, 2026
Jim BiancoGUEST
And so that's an example of what's been happening that a lot of what's been driving a lot of the economy's average numbers has been the upper part of decay, which has been driven by wealth effects greater than we've ever seen.
Jim BiancoGUEST
Mark Zandi at Moody's has been putting together a number about spending.
Jim BiancoGUEST
the wealth effect in spending.
Jim BiancoGUEST
And he says that the top 20% of the country accounts for half of all retail sales in the United States.
Fareed ZakariaHOST
Since the war began, Brent crude oil prices have averaged around $100 a barrel, roughly 40% higher than before the war.
Fareed ZakariaHOST
Mark Zandi, the chief economist at Moody's Analytics, estimated that the war's cost to the average American household as of July was about $1,000 in higher prices and interest payments.
Fareed ZakariaHOST
Americans have paid about $130 billion extra for gasoline and diesel alone.
Fareed ZakariaHOST
Higher diesel prices have jacked up the cost of trucking, farming, and food.
Chuck StevensNARRATOR
The United States has already spent more than $43 billion on the war by a lowball Pentagon estimate, more than enough to provide free college education for a year to every American family earning less than $125,000 annually.
Chuck StevensNARRATOR
Higher prices caused by the war have cost the typical American family about $1,000, according to economist Mark Zandi.
Chuck StevensNARRATOR
More broadly, we've depleted our arsenal, cost American and Iranian lives, possibly committed war crimes, exposed American vulnerabilities, effectively lost access to some bases, and weakened American military credibility as far away as East Asia.
Chuck StevensNARRATOR
Against that, the Trump administration believes it has the upper hand because of the economic pressure the blockade is creating for Iran.
Chuck StevensNARRATOR
The United States has already spent more than $43 billion on the war by a lowball Pentagon estimate, more than enough to provide free college education for a year to every American family earning less than $125,000 annually.
Chuck StevensNARRATOR
Higher prices caused by the war have cost the typical American family about $1,000, according to economist Mark Zandi.
Chuck StevensNARRATOR
More broadly, we've depleted our arsenal, cost American and Iranian lives, possibly committed war crimes, exposed American vulnerabilities, effectively lost access to some bases, and weakened American military credibility as far away as East Asia.
Chuck StevensNARRATOR
Against that, the Trump administration believes it has the upper hand because of the economic pressure the blockade is creating for Iran.
Dan PfeifferHOST
So I think there's two ways to look at this.
Dan PfeifferHOST
One is, by various estimates, including one by Mark Zandi of Moody's Analytics, the Iran war, just since the Iran war, the average American family has s- spent an extra $1,000 for increased gas prices, increased groceries, interest costs, mortgage rates.
Dan PfeifferHOST
So $1,000.
Dan PfeifferHOST
And so he's giving a tiny fraction of people in the country somewhere between $90 and $500 or $100.
Mark ZandiHOST
Welcome to Inside Economics.
Mark ZandiHOST
I'm Mark Zandi, the chief economist of Moody's Analytics, and I'm joined by my two trusty co-hosts, Marisa DiNatale and Chris Drudis.
Mark ZandiHOST
Hi, guys.
Mark ZandiHOST
Hello, Mark.
Marisa DiNataleHOST
Hi, Mark.
Marisa DiNataleHOST
Good morning.
Mark ZandiHOST
This is take two.
Mark ZandiHOST
I can't read the whole note to you, but let me read the note.
Dan PfeifferHOST
So I think there's two ways to look at this.
Dan PfeifferHOST
One is, by various estimates, including one by Mark Zandi of Moody's Analytics, the Iran war, just since the Iran war, the average American family has s- spent an extra $1,000 for increased gas prices, increased groceries, interest costs, mortgage rates.
Dan PfeifferHOST
So $1,000.
Dan PfeifferHOST
And so he's giving a tiny fraction of people in the country somewhere between $90 and $500 or $100, like just the numbers that pe- even if these, the checks, you know, you got to separate between the checks people are actually getting and the checks that Trump is promising them.
Jim BiancoHOST
So a couple of thoughts for you.
Jim BiancoHOST
Um, Mark Zandi at moodys.com, he's the chief economist, and he takes the data that Greg showed.
Jim BiancoHOST
Greg, you showed the data by income, and he recasting the data by wealth.
Jim BiancoHOST
You know, how much money do you, what's your net worth? And according to his data, the top 20% of wealth, it's a, it's, it's, it largely over, overla- oh, intersects with, uh, income, but not totally.
Ken DrostHOST
And yet, wealthy Americans are continuing to spend.
Ken DrostHOST
In fact, the top ten percent of earners accounted for forty-five point five percent of spending in the first quarter of this year, according to Mark Zandi, Chief Economist at Moody's.
Ken DrostHOST
The top twenty percent of earners accounted for roughly sixty percent of personal outlay.
Ken DrostHOST
Those figures are sitting near record highs.
Ken DrostNARRATOR
And yet, wealthy Americans are continuing to spend.
Ken DrostNARRATOR
In fact, the top ten percent of earners accounted for forty-five point five percent of spending in the first quarter of this year, according to Mark Zandi, Chief Economist at Moody's.
Ken DrostNARRATOR
The top twenty percent of earners accounted for roughly sixty percent of personal outlay.
Ken DrostNARRATOR
Those figures are sitting near record highs.
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