U.S. Service Industries See Slowest Growth in Nine Months

The video discusses the current state of economic growth, highlighting that while growth is still occurring, it is not as strong as the previous month. Supply chain constraints are affecting businesses, leading to slower delivery times. Employment numbers suggest continued hiring, but with a slight decrease. Price pressures are evident, with rising prices impacting the services industry. The bond market's reaction to these pressures is uncertain, with potential for rising yields.

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

• 60.8

• 64.2

• 51.9

• 55.3

What is the impact of supply chain constraints on supplier deliveries?

• No change in delivery times

• Increased delivery times

• Faster delivery times

• Improved efficiency

How have employment numbers changed according to the video?

• Remained constant at 55.2

• Increased from 51.9 to 55.3

• Increased from 52.7 to 55.2

• Decreased from 55.2 to 52.7

What is the new price level in the services industry?

• 64.2

• 71.8

• 60.8

• 55.3

What is the bond market's potential reaction to the price pressures?

• Expect yields to decrease

• Expect yields to keep rising

• Ignore them completely

• Consider them temporary