Powell: 'There's No Sign' of Broader Slowdown in Economy

The video discusses shifts in consumer spending, noting strong overall spending despite some declining sales. Consumers are financially stable, with no broad economic slowdown visible, though consumer confidence is low, likely due to gas and stock prices. Job growth is slowing but remains robust, and the economy is experiencing healthy growth levels.

What are the current trends in consumer spending according to the text?

What does the text suggest about the state of the economy despite low consumer confidence?

How is consumer confidence described in the text, and what factors may be influencing it?

What observations are made regarding job growth in the text?

According to the text, what is the overall outlook on economic growth levels?