Macroeconomics

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Is US consumer spending losing momentum?

April 17, 2025

    US consumer spending is showing signs of slowing. But that’s more of a return to normal than an indication that a downturn is looming, according to Goldman Sachs Research. Some recent consumption data has appeared soft. Real personal consumption expenditure rose 2.6% in April from the same month a year ago, compared with a pace above 3% last year. Nominal retail sales increased by just 0.1% in…

How women in the workforce are reshaping the global economy

April 17, 2025

    The growth in women’s contributions to the labor force in recent decades is difficult to overstate, and it’s transforming economies around the world. But much remains to be done. Goldman Sachs Research first published a report on women\’s participation in the labor force, and the economic possibilities opened up by greater participation, in 1999. The report was led by our then-head of Japan Portfolio Strategy, Kathy Matsui,…

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