U.S. Retail Sales Top Estimates as Consumers Drive Economy

U.S. Retail Sales Top Estimates as Consumers Drive Economy

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the current state of retail sales, highlighting the performance of non-store retailers like Amazon and department stores. It examines the correlation between retail sales and earnings, noting a disconnect. The video also covers productivity trends, showing a significant rise in the second quarter, and discusses the potential impact of capital investments on productivity.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the observed impact of Amazon on non-store retailers?

Amazon had no impact on non-store retailers.

Amazon accounted for nearly half of non-store retail sales.

Amazon's impact was negligible compared to other retailers.

Amazon caused a decline in non-store retail sales.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector showed a bounce back according to the retail sales discussion?

Clothing stores

Sporting goods

Electronics

Grocery stores

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the relationship between retail sales numbers and earnings expectations?

They are largely disconnected.

They are inversely correlated.

They are directly correlated.

They are identical.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the productivity growth rate in the second quarter?

1.5%

4.0%

2.9%

3.5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of increased productivity on unit labor costs?

It increases unit labor costs.

It decreases unit labor costs.

It has no effect on unit labor costs.

It doubles unit labor costs.