US GDP Slows More Than Expected as Jobless Claims Fall

The video discusses the impact of jobless claims on the market, indicating a tight labor market that keeps the Federal Reserve vigilant. It analyzes GDP figures, noting a weaker-than-expected growth rate of 1.1% and the influence of inventory changes. Consumer spending remains strong, but business investment is weak. The video explores the potential for future economic growth and inflation, considering consumer and business behaviors.

What was the jobless claims figure that impacted the market?

• 300,000

• 200,000

• 246,000

• 230,000

How did the labor market's condition affect consumer spending in the first quarter?

• It led to a decline in GDP

• It contributed to stronger consumer spending

• It had no effect on consumer spending

• It decreased consumer spending

What was the main factor that moved the first quarter's economic performance?

• Increase in exports

• Decrease in consumer spending

• Change in inventories

• Rise in business investments

What does the Atlanta Fed's GDP trend suggest about the economy?

• The economy is accelerating

• The economy is stable

• The economy is slowing down

• The economy is unpredictable

What is the potential impact if consumer strength continues and companies build up inventories?

• Decline in business investments

• Increase in growth and inflation

• Stability in the market

• Decrease in inflation