Retail Sales Report Shows Billions In Extra Spending

Retail Sales Report Shows Billions In Extra Spending

Assessment

Interactive Video

Other

University

Hard

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The video discusses October's retail sales increase, highlighting early holiday shopping trends despite rising inflation. Consumers are spending due to pandemic savings, with Walmart and Home Depot reporting strong sales. However, consumer sentiment remains low, and inflation is at a 30-year high. Supply chain issues are causing delays, prompting experts to advise early shopping to avoid shortages and price hikes.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the uncertainty in consumer sentiment?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact have supply chain issues had on holiday shopping expectations?

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