ISM Factory Gauge Falls

ISM Factory Gauge Falls

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of price pressures and growth trends in January, highlighting the effects of Omicron on absenteeism and production. It addresses concerns about future growth and supply chain issues, particularly in relation to China's COVID policy. The discussion also covers inventory levels and the future outlook for manufacturing, emphasizing the resilience of the sector despite challenges.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for the increase in growth in January compared to December?

New prices set in October and November

Improved manufacturing techniques

Government subsidies

A surge in consumer demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the Omicron variant affect the manufacturing sector in January?

It improved supply chain efficiency

It resulted in higher new order numbers

It caused high absenteeism and early retirements

It led to increased production

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the concern regarding economic growth later in the year?

An increase in global competition

A decrease in consumer spending

A rise in raw material costs

A potential growth shock due to Fed tightening

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact does China's COVID-0 policy have on supply chains?

It reduces shipping costs

It causes supply chain disruptions

It increases labor availability

It accelerates production

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected trend for manufacturing inventories in the coming months?

They will decrease significantly

They will remain stable

They will increase to previous levels

They will fluctuate unpredictably