US Economy Quiz

Which sector reported strong US travel demand in Q3?

• Technology

• Travel and transportation

• Retail

• Freight and shipping

What caused weaker profits and higher prices in Q4 for Delta, United, and American Airlines?

• Rising interest rates

• Decrease in business demand

• Record-high credit card rates

• Rising cost of jet fuel

What was the growth rate of retail sales in September?

• 0.7%

• 1.5%

• 0.3%

• 2.2%

What are the headwinds facing US consumers?

• Low interest rates

• Decrease in savings

• Decrease in student-loan payments

• High gas prices

Which companies reported declines in freight volume and revenue last quarter?

• Union Pacific and JB Hunt

• Delta and United

• FedEx and American Airlines

• Retail and shipping giants

What did Fed Chair Jerome Powell say about US inflation?

• It is too low

• It is too high

• It is stable

• It is unpredictable

What is the current national average gas price?

• $3.85 per gallon

• $3.55 per gallon

• $2.95 per gallon

• $4.10 per gallon

What is the likelihood of a Fed rate hike in November according to futures market traders?

• Zero

• 30%

• 50%

• 100%

What is the outlook for the growth in the industry/sector of the economy over the next 12 months?

• Positive

• Negative

• Neutral

• Uncertain