By underweighting the experience of certain groups — especially lower-income or frontline workers — policymakers could learn the wrong lessons from the post-pandemic economy.
The Great DivergenceIf you ask Americans how the economy is doing, the general sentiment can be summed up in one word: bad.
Similarly, the Conference Board's consumer confidence data isn't quite at its post-Great Recession lows, but it's far below its 2017-19 average.
The ASEC data uses a very large sample to provide the best possible insight into households' economic well-being, with more than 75,000 households participating.
Similarly, the focus on the prospect of a recession soared, even outdoing the period in 2020 when the economy was actually in a recession.
Persons:
it's, —, Pew
Organizations:
University of, Conference, Labor Statistics, Government, Bureau of Labor Statistics, NFL, Minnesota Vikings, Green Bay Packers, Chicago Bears, BLS, Census, Federal
Locations:
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