U.S. GDP Growth Slows to 1.9% in Fourth Quarter

U.S. GDP Growth Slows to 1.9% in Fourth Quarter

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the market's initial reaction to economic data, highlighting a slowdown from Q3 due to decreased exports, particularly soybeans. Consumer confidence post-election is noted, with future consumption trends uncertain. GDP numbers show a rise in business investment, though revisions are expected. The trade balance is a significant factor in growth, with global trade and investment potentially benefiting the US. The strength of the dollar and Fed rate hikes are key considerations for future growth.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the initial reaction to the economic data mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the market's expectations for Q3 compare to the actual results?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does consumer confidence play in the economic outlook according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the disappointing economic figures discussed?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential impacts of Trump's policies on the economy as mentioned in the text?

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