What’s Happening with the American Economy?

<p>The U.S. economy is doing better than many had anticipated. Some 80 percent of jobs lost during the pandemic have been regained, and people are making, and spending, more.</p><p>But Americans seem to feel terrible about the financial outlook.</p><p>Why the gap between reality and perception?</p><p>Guest: <a href="https://www.nytimes.com/by/ben-casselman?smid=pc-thedaily">Ben Casselman</a>, a reporter covering economics and business for The New York Times.</p><p><a href="https://www.nytimes.com/newsletters/signup/NTTD?smid=pc-thedaily">Sign up here</a> to get The Daily in your inbox each morning. And for an exclusive look at how the biggest stories on our show come together, <a href="https://www.nytimes.com/newsletters/the-daily?module=inline">subscribe to our newsletter</a>. </p><p>Background reading: </p><ul><li>American consumers express worry about inflation and are pessimistic about the direction of the country in general.<a href="https://www.nytimes.com/2021/11/16/business/retail-sales-october.html"> But none of that is keeping them from spending</a>.</li></ul><p>For more information on today’s episode, visit <a href="http://nytimes.com/thedaily?smid=pc-thedaily">nytimes.com/thedaily</a>. Transcripts of each episode will be made available by the next workday. </p>