Americans Gloomy Despite Economic Gains as Inflation Outpaces Wages and the Dream of Home Ownership Slips Away

Despite positive economic indicators, many Americans feel unhappy about the economy and their personal situations. Polls show a disconnect between data and consumer sentiment.

Prices remain higher than pre-pandemic levels. Lower inflation doesn't equal lower prices - it just means slower price increases.

Companies are raising prices more than necessary and shrinking product sizes, hurting consumers. Food prices have been especially hard hit.

Housing costs continue rising. Home ownership feels out of reach for many, especially younger Americans.

Additional financial burdens like end of Covid aid, higher borrowing costs, and student debt payments add stress. The economic reality doesn’t match past generations.