The American Consumer Is Very Healthy: National Retail Federation

The American Consumer Is Very Healthy: National Retail Federation

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the impact of pent-up consumer demand and stimulus on the economy, highlighting the healthy state of American consumers. It explores the evolution of retail in a digital world, emphasizing the importance of adapting to new consumer expectations. The discussion also covers the health of the retail industry, the impact of the 2017 Tax Reform Act, and the challenges posed by inflation and supply chain issues. The resilience of the retail sector and its future growth prospects are also examined.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How much money is estimated to be sitting in bank accounts or paying down debt?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the current health of the American consumer?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do retailers face in balancing goods and services post-pandemic?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the 2017 Tax Reform Act have on retailers?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the cost pressures that retailers are currently experiencing?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the retail industry respond to supply chain challenges during the pandemic?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the forecasted growth rate for retail sales this year?

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