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Goldman Sachs Research’s Chief US economist David Mericle explains the factors driving the economy and the divergence between solid GDP growth and a slowing labor market.
This episode was recorded on October 20, 2025.
A transcript is provided for convenience and may differ from the original video or audio content. Goldman Sachs is not responsible for any errors in the transcript. This material should not be copied, distributed, published, or reproduced in whole or in part or disclosed by any recipient to any other
Disclosures applicable to research with respect to issuers, if any, mentioned herein are available through your Goldman Sachs representative or at www.GS.com/research/hedge.html.
Goldman Sachs does not endorse any candidate or any political party.
© 2025 Goldman Sachs. All rights reserved.
Learn more about your ad choices. Visit megaphone.fm/adchoices
By Goldman Sachs4.2
918918 ratings
Goldman Sachs Research’s Chief US economist David Mericle explains the factors driving the economy and the divergence between solid GDP growth and a slowing labor market.
This episode was recorded on October 20, 2025.
A transcript is provided for convenience and may differ from the original video or audio content. Goldman Sachs is not responsible for any errors in the transcript. This material should not be copied, distributed, published, or reproduced in whole or in part or disclosed by any recipient to any other
Disclosures applicable to research with respect to issuers, if any, mentioned herein are available through your Goldman Sachs representative or at www.GS.com/research/hedge.html.
Goldman Sachs does not endorse any candidate or any political party.
© 2025 Goldman Sachs. All rights reserved.
Learn more about your ad choices. Visit megaphone.fm/adchoices

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