What UMich's Latest Survey Says About Consumers, Economy

What UMich's Latest Survey Says About Consumers, Economy

Assessment

Interactive Video

Business, Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the recent trends in consumer sentiment, highlighting a positive shift due to slowing inflation and strong labor markets. It examines the impact of stock market performance and oil prices on consumer confidence, noting disparities between higher and lower income groups. The discussion also covers inflation expectations, labor market trends, and interest rate forecasts, emphasizing the resilience of consumer confidence despite potential economic uncertainties.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How might rising oil prices affect consumer sentiment and spending?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential implications of sustained interest rate increases on consumer confidence?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the 'wild card' that could affect consumer confidence moving forward?

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