Business English listening comprehension: The USA is in a recession

Here's what you do:

1. Click on the video below.
2. Watch the first 1:15 of the video, and pay attention to it! (You can pause and rewind the video.)
3. Answer the listening comprehension questions below the video.
4. Check your answers.

1. According to the man, some economists think that the recession started in January or ______________.
  February
  December
  March

2. Who gets to "officially" proclaim that there is a recession?
  The National Bureau of Economic Research
  The U.S. Senate
  The NASDAQ

3. According to a December 2007 poll, how many respondents thought that the U.S. was in a recession?
  over 40%
  over 50%
  over 60%

4. How many jobs does the man think will be lost in total in the United States in 2008?
  2 million
  1.2 million
  500,000

5. According to the man, the US economy is very much dependent on ____________________________.
  consumer confidence
  government bailout packages
  consumer spending


CHECK ANSWERS

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