If a healthy jobs picture is the the cornerstone of a healthy economy, then why do so many people still think things are terrible?
So if a healthy jobs picture is the the cornerstone of a healthy economy, then why do so many people still think things are terrible? "It's the combination of inflation and shrinkflation," she said."As a consumer, you feel like you're being nickeled and dimed at every turn.". Again, though, the data often don't seem to match experiences, and the shrinkflation phenomenon — less of a product, with the same or higher prices — seems to be getting worse.
"Even though millennials are the largest adult generation in the U.S., they had a shrinking share of buyers in the market last year," NAR deputy chief economist Jessica Lautz wrote."This is at odds with what could happen as the largest number of millennials is at an age they traditionally have entered the market or at least had household formation. This year, baby boomers overtook millennials.