Is the U.S. Economy Good or Bad?

Published: Nov. 19, 2021, 6:29 p.m.

b"Confidence in the American economy is lower than it was last year, when the pandemic shut down the country. A survey from the University of Michigan this month\\xa0finds consumer confidence at a 10-year low, despite a low unemployment rate, good consumer spending numbers and an increase in Americans' savings. Inflation and supply chain issues are having a huge impact, from the cost\\xa0of putting Thanksgiving dinner on the table, to\\xa0filling up your gas tank and getting the Christmas presents you want on time. In addition, on\\xa0Friday\\xa0the House of Representatives passed their nearly $2 trillion Build Back Better plan. Joining the podcast to discuss the current state of the U.S. economy and any effect\\xa0that legislation\\xa0will have on it is CBN News Financial Editor Drew Parkhill."