New-Home Sales in U.S. Unexpectedly Fall to 4-Month Low

The video discusses the economic landscape in November, highlighting a 1.4% decline in new home sales, contrary to economists' expectations of a 0.4% rise. Despite a 5% GDP growth in Q3, the economic picture remains mixed due to disappointing durable goods orders. Consumer spending rose by 0.6% and incomes by 0.4%, aligning with estimates. Overall, the data presents a complex economic scenario.

What was the expected change in new home sales according to economists?

• An increase of 0.4%

• A decrease of 0.4%

• A decrease of 1.6%

• An increase of 1.4%

What was the revised GDP growth rate for the third quarter?

• 3%

• 4%

• 6%

• 5%

Which economic indicator showed a disappointing result alongside the GDP growth?

• Consumer spending

• Durable goods orders

• Income growth

• New home sales

By how much did U.S. consumer spending rise?

• 1.4%

• 0.6%

• 0.4%

• 1.0%

What was the overall change in new home sales for November?

• A decrease of 0.6%

• An increase of 1.6%

• An increase of 0.4%

• A decrease of 1.4%