Back-to-School Shopping Brings Uncertainty to U.S. Retail Sales

The video discusses shifts in American consumer spending, with a focus on increased purchases of electronics and delayed spending due to school schedules. Despite a V-shaped recovery in retail sales, challenges such as remote learning and the end of government stimulus may limit growth. Apparel retailers face particular vulnerability, with the back-to-school season serving as a critical test for future performance.

What change in consumer behavior is highlighted in the first section?

• Early holiday shopping

• Decreased spending on electronics

• Delayed spending due to school schedules

• Increased spending on clothing and footwear

According to the Deloitte survey, how is overall spending expected to compare to previous years?

• It will significantly increase

• It will significantly decrease

• It will fluctuate unpredictably

• It will remain the same

What type of recovery have retail sales experienced according to the second section?

• L-shaped recovery

• U-shaped recovery

• W-shaped recovery

• V-shaped recovery

What factors might limit August sales gains this year?

• Decreased demand for electronics

• Early school start dates

• Remote learning and end of stimulus

• Increased government stimulus

Which type of retailers are particularly vulnerable according to the third section?

• Electronics retailers

• Grocery stores

• Furniture stores

• Apparel chains