Daily Caller calls economy resilient, Americans get a decade-high holiday airfare for the trouble.

…(cont) The headwinds were already on the record before the ink dried. On August 31, AAA's tracking average showed gas priced above $4 a gallon on all thirty-one days of August, the first time that has happened. On September 4, diesel hit $5.85 a gallon, an all-time high, with the Associated Press noting that diesel prices move through freight and delivery networks into the price of everything they haul. On September 8, gas reached $4.14 for the Friday of Labor Day weekend, the highest holiday price on record, beating the prior Labor Day high of $3.82 set in 2012 by thirty-two cents.

Today the ledger adds its newest line. CBS News reports that high jet fuel prices have pushed holiday airfares to a ten-year peak, the fare now sitting where the gas and diesel numbers predicted it would sit three weeks ago. Jet fuel is refined from the same crude the diesel price already told you about; an airline that pays more to fill a tank passes that cost to the traveler buying a ticket home for the holidays, the same way a trucking company passes diesel's cost to whatever that truck is hauling. The mechanism is not subtle. It is the supply chain, named twice, once in diesel and once in jet fuel, arriving at the same conclusion.

What "resilient" described on September 30 was a quarterly growth figure revised upward on paper. What it did not describe was the traveler who checked airfares the same week and found them at a ten-year high, for reasons the column had already filed under headwinds and moved past. The growth number and the airfare number are drawn from the same economy. One of them went into the column. The other went into the traveler's bill. The gap between them is not a mystery; it has a price, and the price is written down above.