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5min chapter
Can the US consumer stay strong?
Goldman Sachs Exchanges
Labor Market Dynamics and Consumer Strength
This chapter explores the interconnections between the labor market and US consumer spending, addressing the risks of rising unemployment and historical trends. It highlights the stability in job demand and consumer balance sheets, suggesting that despite some weaknesses, aggregate consumption remains robust due to strong real income growth.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode