I think it's just a terminology or definition problem then. I think when the average person talks about if the economy is doing good or bad they are mostly thi

I think it's just a terminology or definition problem then. I think when the average person talks about if the economy is doing good or bad they are mostly thinking about their own wallet and what they can buy etc and how much things cost compared to previously. If things keep getting more expensive and they don't feel like they can afford as much as before, they might think that the economy must be doing bad if all these companies need to raise their prices so much just to survive or make a profit. I think most people would associate things being cheap and plentiful as a good economy, and things being expensive and hard to get (out of stock, long lead times, etc) as a bad economy.