Consumer spending is still robust, even amid broader concerns about the economy

Consumer spending is still robust, even amid broader concerns about the economy

Assessment

Interactive Video

Social Studies, Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses recent consumer spending trends, highlighting gains in auto sales, electronics, and dining. Despite low consumer confidence, spending remains strong, driven by rising wages. The report follows Trump's election, which boosted markets. The holiday season is expected to see high spending, although savings rates are declining.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the personal savings rate in September, and how did it change from June?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What expectations did Matthews have for holiday shopping in relation to the next administration?

Evaluate responses using AI:

OFF