'E-shaped' economy is replacing a K-shaped one in 2026, economist says: The middle class is 'spending in a nervous way' now
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It's difficult to describe the U.S. economy in black and white terms like "good" or "bad." On several fronts, the data says the economy is healthy. But surveys show American consumers don't feel that way . "There's no doubt right now that different data can show slightly different narratives," says Heather Long, chief economist at Navy Federal Credit Union. Depending on which measure you look at, inflation is falling or staying flat in recent months, Long points out. The consumer price index
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