Consumers Showing Some Hesitancy As Prices Soar: Benjamin Breitholtz

The video discusses changes in consumer behavior post-crisis, highlighting a cooling off in shopping trends and a shift in search activity. It explores supply-demand dynamics, noting the impact of stimulus checks and inflation on prices. Consumer sentiment is analyzed, with concerns about inflation and price conditions, especially in housing and durable goods. The labor market is examined, showing strong job-seeking activity and wage gains, with the Fed focusing on employment as a key mandate.

What was the peak date for search activity related to consumer spending post-lockdown?

• April 20th

• April 5th

• March 28th

• March 15th

What factor is mentioned as contributing to the cooling off of consumer spending?

• Improved supply chain

• Decrease in stimulus checks

• Increase in employment

• Rise in interest rates

Which age group is more concerned about inflation according to the transcript?

• 18-24

• 25-34

• 35-44

• 55+

What is a reason for consumer hesitancy in purchasing goods like couches?

• High prices and long wait times

• Limited variety

• Lack of availability

• Poor quality

What is the current focus of the Federal Reserve according to the transcript?

• Interest rates

• Employment and jobs

• Stock market stability

• Housing market

What trend is observed in the job market according to the transcript?

• Decline in part-time jobs

• Stagnation in wages

• Increase in job-seeking activity

• Decrease in job openings

What percentage of major commodities are producing positive monthly gains as mentioned in the transcript?

• 100%

• 75%

• 50%

• 25%