Economic data shows a notable shift over the past year. Following a four-year period where typical household real income declined by $3,000, the trend has reversed—families are seeing real income gains of around $1,300 this year. This represents a significant turnaround in purchasing power metrics. The recovery in real incomes reflects broader economic adjustments and policy changes, offering investors a clearer picture of macroeconomic momentum heading into the next phase of the market cycle.