Economy Booming by Many Measures But Public Sentiment Lags
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The economy is thriving by many measures - low unemployment, strong job growth, rising wages - but sentiment remains negative.
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Lower-income workers have seen the biggest gains recently, while layoffs in tech and media get more attention.
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Inflation remains high but has cooled from peak levels, while consumer spending has stayed resilient.
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Perceptions of the economy tend to be based on how people think others are doing, not necessarily their own experience.
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After a long "vibecession," there are finally signs that the mood is shifting and people are recognizing the economy's underlying strength.