The US Economy Is Growing Without Consumers

In this episode of US Economy with Fexingo, Lucas and Luna explore a striking disconnect in the spring of 2026: real GDP is growing at 2 percent annualized, but consumer sentiment hit a record low in May. They dig into two key forces keeping the economy afloat—business investment and government spending—and ask whether this growth pattern can last. Lucas points to nonresidential fixed investment running well above trend, especially in AI-related data centers and manufacturing construction, while Luna flags the widening gap between sentiment and spending. They also touch on the 10-year Treasury yield's recent drop to 4.56 percent and what it says about bond market expectations. A sharp, data-driven look at an economy that's humming but not because of the consumer. #USEconomy #GDP #ConsumerSentiment #BusinessInvestment #GovernmentSpending #FederalSpending #AIInfrastructure #TreasuryYields #BondMarket #LucasAndLuna #FexingoBusiness #BusinessPodcast #EconomicsPodcast #EconomicGrowth #NonresidentialFixedInvestment #ManufacturingConstruction #10YearTreasury #May2026 Keep every episode free: buymeacoffee.com/fexingo