Coronavirus Will Cause Short-Term Hit to U.S. Economy, Liz Ann Sonders Says

Coronavirus Will Cause Short-Term Hit to U.S. Economy, Liz Ann Sonders Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses the resilience of consumers in January, supported by strong stock and labor markets. It highlights the volatility in manufacturing data and the potential for economic stabilization following the phase one trade deal. However, the coronavirus poses a risk to growth, with market signals indicating potential economic slowdown. The impact on U.S. companies tied to China is also considered.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are mentioned as influencing consumer behavior in the short term?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the Richmond Manufacturing index change from December to January, and what does this indicate?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's view on the impact of the coronavirus on economic growth?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What comparisons are made between the current situation and the SARS epidemic in 2003?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of U.S. companies suspending operations in relation to China?

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