Core inflation rate hit 3.2% in March; GDP grew 2% in first quarter; jobless claims lowest since 1969

[Ol Janx Spirit]

2. This chart says a lot....

https://www.bea.gov/news/2026/personal-income-and-outlays-march-2026

Nobody feels better about the economy when the price of gas goes up because they don't get anything for it--there is no value added; only money taken out of their normal budget. And holy cow that is quite a number....

Healthcare is much the same: the costs rise but the coverage either stays the same or gets worse. Some of that may also be from increasing deductibles placing more of the healthcare burden on individuals and not insurers.

Financial services and insurance likely means the servicing of debt on this chart. That's another thing that nobody feels adds value.

This chart should be a flashing red light for all elected officials. Consumers that live in the real world will not be feeling good about this economy any time soon....