U.S. Consumer Comfort Falls to Lowest Level in Four Months

U.S. Consumer Comfort Falls to Lowest Level in Four Months

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of the government shutdown on consumer sentiment and economic confidence. The Boston Fed president is monitoring the consumer sentiment index, while the Bloomberg Consumer Comfort index shows a significant drop, the lowest in four months. Survey results indicate that economic feelings are deteriorating, partly due to stock market issues and the shutdown. A partisan divide is evident, with Republicans feeling more confident about the economy than Democrats. The video questions whether these sentiments will affect consumer spending.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What differences were observed in consumer comfort between Republicans and Democrats?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What question arises regarding the impact of consumer sentiment on spending?

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