5min chapter

Goldman Sachs Exchanges cover image

Can the US consumer stay strong?

Goldman Sachs Exchanges

CHAPTER

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode