GDP Growth and Consumers' Perception of Well-Being

http://viableopposition.blogspot.ca/2013/12/gdp-growth-and-consumers-perception-of.html

While we keep reading mainstream media reports that the United States recovery is underway and that consumer confidence is at its highest level since before the Great Recession, as you will see, consumer sentiment is in the eye of the beholder.

Here is a chart from FRED showing consumer sentiment since the beginning of the Great Recession: