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Why is there a disconnect between public perception of the economy and the stats?

FILE - Customers check prices while shopping at a grocery store in Wheeling, Ill., Saturday, Jan. 27, 2024.
Nam Y. Huh
/
AP
FILE - Customers check prices while shopping at a grocery store in Wheeling, Ill., Saturday, Jan. 27, 2024.

Do you think our economy is struggling? You're not alone. For The Long View, contributing editor Neal Milner joined us to talk about why so many Americans think the economy is bad despite numbers indicating the contrary.

The economy is doing well by lots of measures: unemployment is down, inflation is down, the labor market is good, and the stock market is up. But there is no indication that the public accepts that.

Further reading:

This story aired on <i>The Conversation</i> on April 3, 2024. The Conversation airs weekdays at 11 a.m. on HPR-1.

Catherine Cruz is the host of The Conversation. Contact her at ccruz@hawaiipublicradio.org.
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