Is the economy doing well right now?

The economy is doing surprisingly well right now considering the collapse of Silicon Valley Bank (SVB).  We are in a slight recession but we are inching our way out of it.  Other banks are not collapsing and people's confidence in the stock market and economy is getting better with time.  Other sentiments that can affect the emotion of how people view the economy can be tied to how they view the current presidential administration or what their political affiliations are.