Retail Sales Report Shows Billions In Extra Spending

Retail Sales Report Shows Billions In Extra Spending

Assessment

Interactive Video

Business, Economics, Social Studies

9th - 12th Grade

Hard

Created by

Quizizz Content

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The video discusses October's retail sales increase, highlighting early holiday shopping trends despite rising inflation. Consumers are spending due to pandemic savings, with Walmart and Home Depot reporting strong sales. However, consumer sentiment remains low, and inflation is at a 30-year high. Supply chain issues are causing delays, prompting experts to advise early shopping to avoid shortages and price hikes.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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