Retail Sales Climbed in November by Most in 8 Months

The video discusses the economic impact of November retail sales, highlighting a 0.7% increase, surpassing economists' expectations. It attributes this growth to the drop in gasoline prices, which influenced consumer spending. The video also examines auto sales, which exceeded estimates, and the decline in gasoline sales due to lower prices. Additionally, it covers economic data such as jobless claims, which remained below 300,000, and import prices, which saw a smaller-than-expected drop.

How did Black Friday sales perform compared to economists' expectations?

• They were lower than expected.

• They matched the expectations.

• They exceeded the expectations.

• They were not reported.

What was the percentage increase in core retail sales in November?

• 0.7%

• 0.6%

• 0.5%

• 0.8%

What was the main factor contributing to the change in consumer behavior in November?

• Decrease in jobless claims

• Rise in import prices

• Drop in oil and gas prices

• Increase in auto sales

How did the initial jobless claims compare to expectations?

• They were higher than expected.

• They were lower than expected.

• They matched the expectations.

• They were not reported.

What was the year-over-year change in import prices?

• 1.5%

• 2.0%

• 2.3%

• 3.0%