Kudlow Says Growth Is Likely to Slow, Virus Impact Will Be Temporary

Kudlow Says Growth Is Likely to Slow, Virus Impact Will Be Temporary

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Business

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Hard

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The video discusses the current state of the U.S. economy, highlighting strong growth in the labor market and various sectors. Despite potential slowdowns in the second and third quarters due to the coronavirus, the fundamentals remain strong. The job market shows significant growth, with rising wages and low unemployment across demographics. Housing and manufacturing sectors are improving, and the overall economic base is robust. The impact of the coronavirus is expected to be temporary for the U.S. economy.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the sectors of the economy that are described as strong?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential issues does the text suggest may arise from the Coronavirus?

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