U.S. Economy: The Disconnect between Reality and Perception

By: ETFdb
By most measures, the U.S. economy is improving. Recent economic reports revealed two encouraging facts: The United States just experienced the best back-to-back quarters of growth since 2003 and fewer Americans are filing for unemployment benefits than at any time in the past 14 years. Unfortunately, most Americans don’t seem to put much faith in the numbers, or as Gustave Flaubert famously remarked, “There is no truth. There is only perception.” Today, the perception of most Americans is very different than the optimistic view reflected in government statistics. According to the results of the BlackRock Global Investor Pulse Survey, only about one in four Americans believe that the U.S. economy and job market are getting better. Worse still, a full 75% of Americans believe that it is hard to keep up with bills and save for retirement. So, how do you explain the disconnect between an economy that appears to […] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
By most measures, the U.S. economy is improving. Recent economic reports revealed two encouraging facts: The United States just experienced the best back-to-back quarters of growth since 2003 and fewer Americans are filing for unemployment benefits than at any time in the past 14 years. Unfortunately, most Americans don’t seem to put much faith in the numbers, or as Gustave Flaubert famously remarked, “There is no truth. There is only perception.” Today, the perception of most Americans is very different than the optimistic view reflected in government statistics. According to the results of the BlackRock Global Investor Pulse Survey, only about one in four Americans believe that the U.S. economy and job market are getting better. Worse still, a full 75% of Americans believe that it is hard to keep up with bills and save for retirement. So, how do you explain the disconnect between an economy that appears to […]

Click here to read the original article on ETFdb.com.

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