Powell: 'There's No Sign' of Broader Slowdown in Economy

The video discusses shifts in consumer spending, noting strong overall spending despite some declining sales. Consumers are financially stable, with no broad economic slowdown visible, though consumer confidence is low, likely due to gas and stock prices. Job growth is slowing but remains robust, and the economy is experiencing healthy growth levels.

What is the overall trend in consumer spending according to the video?

• Consumer spending is weak and declining.

• Consumer spending is strong despite some sales declines.

• Consumer spending is stable with no changes.

• Consumer spending is decreasing significantly.

What factor is likely contributing to low consumer confidence?

• High unemployment rates

• Rising gas prices

• Decreasing housing prices

• Increasing interest rates

Which of the following is NOT mentioned as a factor affecting consumer confidence?

• Interest rates

• Unemployment rates

• Stock prices

• Gas prices

How is job growth described in the video?

• Job growth is declining rapidly.

• Job growth is slowing but remains strong.

• Job growth is stagnant.

• Job growth is accelerating.

What is the state of economic growth according to the video?

• Economic growth is rapidly increasing.

• Economic growth is slowing but still healthy.

• Economic growth is stable with no changes.

• Economic growth is declining sharply.