Goldman Sachs Exchanges cover image

Can the US consumer stay strong?

Goldman Sachs Exchanges

00:00

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app