US Retail Sales Stall as Inflation Slows Shoppers

The video discusses retail sales performance in September, highlighting a flat headline level compared to the previous month. It examines specific sectors like gasoline and motor vehicles, which dragged down the numbers, while food stores and health stores showed gains. The analysis also covers consumer behavior, noting that despite economic challenges, consumers continue to spend, supported by job growth and credit card usage.

What was the forecasted gain for retail sales in September?

• 0.4%

• 0.2%

• 0.1%

• 0.3%

How much did the retail sales control group increase by?

• 0.4%

• 0.1%

• 0.2%

• 0.3%

Which category showed a decline in September?

• Gasoline stations

• Department stores

• Food stores

• Clothing stores

What was the percentage increase in department stores?

• 0.7%

• 1.0%

• 1.3%

• 1.5%

What factor is mentioned as supporting consumer spending?

• Increased wages

• Lower taxes

• Significant deposits from last year's stimulus

• Reduced interest rates