Less than two months before the November election, it is turning into a referendum on President Donald Trump’s second term. The key question that is usually asked in referendum elections like this one is: “Am I better off now than I was two years ago, at the time of the last election?

In answer to that question, the United States is kind of in a schizophrenic place—stuck between statistical indicators of how the economy is doing and individual Americans’ perceptions of how their own personal situation is faring in the Trump economy. Looking at the economic indicators – which at this point are unlikely to change between now and November – the performance is fairly mixed. Not great, but not horrible.