U.S. Retail Sales Unexpectedly Rise in August

U.S. Retail Sales Unexpectedly Rise in August

Assessment

Interactive Video

Business

University

Hard

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The video discusses recent data on retail sales and jobless claims in the U.S. Retail sales showed mixed results with a decline in July but a slight increase in August. Jobless claims rose, possibly due to seasonal factors. The analysis covers sector-specific performance, market reactions, and the impact of inflation. Non-store retailers like Amazon saw significant growth. The discussion also touches on the use of control groups in economic analysis during the pandemic.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage change in retail sales for August?

3.6%

0.7%

2.1%

1.8%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector showed no change in sales despite expectations?

Non-store retailers

Motor vehicles

Food and drinking places

Grocery stores

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the equity market react to the economic data?

NASDAQ was positive by 4/10

S&P was down by 7 points

NASDAQ was positive by 2/10

S&P was up by 7 points

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of using a control group in retail sales analysis?

To include auto sales

To increase the reported sales figures

To exclude volatile items like gasoline

To adjust for inflation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did non-store retailers perform in the reported month?

Down by 3.6%

No change

Up by 2.1%

Up by 5.3%