NEC's Kudlow Says 'There's No Recession in Sight'

The video discusses the strong consumer market in the US, highlighting job growth and wage trends. It examines economic indicators, showing significant consumer power and low inflation. Despite market corrections, there is no recession in sight, with the economy growing at 3%. The video concludes with an optimistic outlook on economic growth and business investments.

What is one of the key indicators of a strong U.S. consumer market mentioned in the video?

• Reduction in workforce participation

• Decline in consumer spending

• Increase in average hourly earnings

• Decrease in job opportunities

How did the holiday selling season reflect the economic conditions discussed?

• It resulted in a significant economic downturn.

• It showed a decrease in consumer spending.

• It indicated a lack of consumer confidence.

• It demonstrated strong consumer firepower.

What is the speaker's perspective on the possibility of a recession?

• A recession is imminent.

• The recession has already started.

• There are clear signs of a recession.

• There is no recession in sight.

What is the growth rate of the American economy as mentioned in the video?

• 3%

• 4%

• 2%

• 1%

What is contributing to the optimistic economic outlook according to the speaker?

• Reduction in consumer spending

• High inflation rates

• Solid job gains and business investments

• Decrease in business investments